Silicon Labs to buy Wi-Fi, Bluetooth business from Redpine Signals

March 13, 2020 //By Rich Pell
Silicon Labs to buy connectivity business from Redpine Signals
Silicon Labs has announced that it has agreed to acquire the Wi-Fi and Bluetooth business, development center in India, and extensive patent portfolio from Redpine Signals for $308 million in cash.

The acquisition of Redpine Signals' ultra-low-power Wi-Fi and Bluetooth products and extensive intellectual property portfolio, says the company, will expand its leadership in IoT wireless technology.

"The addition of these products into our worldwide sales and distribution network," says Tyson Tuttle, CEO of Silicon Labs, "will drive further momentum in the smart home, industrial IoT, and commercial markets for customers who want to get to market quickly with Wi-Fi enabled connected devices."

The integration of the Redpine Signals technology will accelerate Silicon Labs' roadmap for Wi-Fi 6 silicon, software, and solutions, says the company. The acquisition also includes Bluetooth Classic IP (including Extended Data Rate) for audio applications including wearables, hearables, voice assistants, and smart speakers.

The acquisition of the at-scale design center in Hyderabad, India with approximately 200 employees is expected to help the company scale R&D faster and more efficiently in one of the most talent-rich locations in India.

Venkat Mattela, founder and CEO of Redpine Signals says, "My team is excited to join Silicon Labs to help build a smarter, more connected world. Backed by two decades of advanced research in OFDM and MIMO systems, Redpine has created highly-differentiated, low-power multiprotocol SoCs. Going forward, low-power Wi-Fi 6 is a key wireless technology for connectivity in IoT devices."

The transaction is expected to close in the second quarter of 2020.

Silicon Labs
Redpine Signals


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