Renesas acquires Celeno expanding connectivity portfolio

Renesas acquires Celeno expanding connectivity portfolio

Renesas acquires Celeno expanding connectivity portfolio

Renesas has acquired Celeno Communications, a provider of smart, innovative Wi-Fi solutions, in a deal that values the business at $315m.

The acquisition will significantly enhance Renesas’ connectivity portfolio with the addition of Celeno’s Wi-Fi technologies and software expertise.

Headquartered in Israel, Celeno offers a wide range of wireless communication solutions, including advanced Wi-Fi chipsets and software solutions, for high-performance home networks, smart buildings, enterprise and industrial markets.

Its compact chipset offerings for Wi-Fi 6 and 6E deliver an impressive level of Wi-Fi network performance and increased security with low latency and low power consumption.

Celeno’s breakthrough Wi-Fi Doppler Imaging technology, a Wi-Fi based, high-resolution imaging technology is intended to help elderly care and assisted living, home security, safe driving and digital and connected factories. It depicts, tracks and analyses the motion, behaviour and location of people and objects using standard Wi-Fi, eliminating the need for multiple cameras or sensors in home environments and commercial buildings.

Renesas already offers a broad range of low-power MCU/MPU/SoC processors, wireless ICs, sensors and power management technologies and Celeno’s field-proven Wi-Fi and software capabilities are seen as being highly complementary.

The combination will help to create comprehensive, end-to-end embedded solutions that will be able to address the fast-growing markets for low-power connectivity in IoT, infrastructure, industrial and automotive applications.

In addition to expanding the solution offering, the acquisition also increases Renesas’ engineering and design scale with the addition of Celeno’s design centre in Israel and by welcoming R&D staff based around the world. This further strengthens Renesas’ global engineering and software development talent base.

“The transaction underscores our continuous commitment to improve performance and efficiency in electronic systems,” said Hidetoshi Shibata, President and CEO of Renesas. “Building on our recently-expanded connectivity portfolio following the Dialog acquisition, the addition of Celeno provides us with more advanced Wi-Fi connectivity capabilities to deliver end-to-end connectivity solutions for both clients and access points.”

“This is a compelling transaction for both our customers and employees. Our depth and strength in connectivity combined with Renesas’ industry leading portfolio of embedded solutions will allow us, together, to open up new growth areas we can target,” added Gilad Rozen, President and CEO of Celeno.” Renesas will also provide us with the go-to-market capabilities to bring Celeno to a broader range of customers.”

Author: Yoyokuo