Silicon Labs buys Touchstone to power the IoT
Silicon Labs has acquired the product portfolio and intellectual property of California-based power management IC firm Touchstone Semiconductor for $1.5m.
This will add as many as 70 analogue products to Silicon Labs’ portfolio including op-amps, current sense amplifiers, low-power analog-to-digital converters (ADCs), comparators, power management ICs, timers, and voltage detectors and references.
Silicon Labs said it will continue to sell the Touchstone IC products under the Silicon Labs name and plans to expand this product line going forward.
“As the IoT market expands exponentially, developers require an ever-widening array of low-power MCUs, wireless ICs, sensors and power management technologies for battery-powered end-nodes,” said Tyson Tuttle, CEO of Silicon Labs.
“This asset purchase adds valuable energy-saving analog technology and products to enhance our embedded portfolio for the IoT,” said Tuttle.