10 Jul 2012
Silicon Labs completes Ember acquisition
Silicon Laboratories has completed the acquisition of Ember Corporation.
It was in May 2012 that Silicon Labs announced the purchase of Ember saying it would pay an initial sum of $72mplus a potential earn-out to buy the company. The Silicon Labs also stated at that time, the company said it might obtain $200m credit with the transaction which it could also use for stock buybacks and for other general corporate purposes.
According to Silicon Labs, the Ember acquisition now enables them to provide low-power mesh sensor networks currently being deployed in residential, commercial and industrial applications. They have the plant, technology and the software expertise required
Ember made is name pioneering the early ZigBee solutions and it now continues to develop 802.15.4 ZigBee solutions. These are said to integrate high-performance, low-power 2.4GHz wireless ICs with reliable and scalable software into a flexible and robust networking platform.
As Silicon Labs says, the Ember portfolio complements Silicon Labs' products, bringing together microcontroller (MCU), power and isolation technology, sensors, and both sub-GHz and 2.4GHz wireless radios into a comprehensive portfolio of highly integrated solutions for embedded systems.
Ember is expected to contribute approximately $10-$12million in revenue in the second half of 2012 and to be accretive on a non-GAAP basis in 2013.
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