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by Jeff Moad, MA Editorial Staff
Posted on Tuesday, December 27, 2005 5:05:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | The chip maker moves into the growing market for low-power, short-range wireless devices with Chipcon acquisition. |
Semiconductor manufacturing powerhouse Texas Instruments Inc. (Dallas) will take a leap into the rapidly growing market for low-power radio frequency devices with a $200 million acquisition next month of Chipcon (Oslo, Norway). The current market leader for chips that comply with the IEEE 802.15.4 and ZigBee standards, Chipcon will operate as a subsidiary of TI, reporting through Art George, vice president of TI's High Performance Linear group. Chipcon will continue to operate out of its current Oslo headquarters, and Chipcon CEO Geir Forre will lead a team charged with integrating TI's and Chipcon's work on short-range wireless products, TI said. The direct entry of a major player like TI marks an important turning point for the young but rapidly growing market for low power, short-range wireless devices. Such devices can be used in a variety of applications including mesh networks and the automated monitoring of industrial equipment and processes. [Click to continue] |
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