San Jose, Calif., July 5, 2016 - Cypress Semiconductor Corporation (Nasdaq: CY) today announced that it has completed a $550 million cash acquisition of Broadcom's wireless IoT business and related assets. Cypress now offers state-of-the-art Wi-Fi, Bluetooth®, Zigbee® IoT product lines and related IP, WICEDTM branded software development kits (SDKs), and developer ecosystems and communities. These technologies will be combined with Cypress's existing microcontrollers (MCUs), PSoC® programmable system-on-chip, analog and memory products to provide comprehensive interconnected embedded system solutions for customers in core markets such as automotive and industrial. Program. These low-power products also set the company's leading image in the fast-growing consumer IoT market, including wearable electronics and home automation solutions. For more information on the Cypress IoT portfolio, please visit: http://.
"The world's top innovators in the automotive, industrial and consumer markets are expecting their products to be interconnected," said Badri Kothandaraman, executive vice president of the Cypress Data Communications Division (now including the Internet of Things Division). Plass has become a leader in the IoT industry, providing customers with the industry's most advanced wireless RF and enabling them to design and launch products faster with the support of the WICED SDK and developer ecosystem. These world-class Once a top-tier device vendor, wireless RF technology will now be open to our broad global customer base, which will enhance the company's existing embedded solutions."
Stephen DiFranco, senior vice president of the Cypress IoT business unit and former general manager of the Internet of Things business unit, said: "In the fast-growing IoT market, there is no one-size-fits-all for supporting customers. The way you need it is a scalable platform that helps drive innovation. WICED provides a scalable and unique ecosystem of module vendors, value-added resellers (VARs), technology partners and ODMs that enable networking Automotive, industrial automation equipment, wearables, smart home devices and other applications quickly customize solutions. Cypress has created impressive results in various fields such as MCU, storage, power management IC (PMIC), etc. We are happy to see the huge cross-selling opportunities that are emerging today.†For more information about the Cypress WICED community, please visit: http://.
Technology roadmap and RF integration
Cypress's RF portfolio includes products based on the 40nm process; in addition, the company is developing a new generation of smaller, ultra-low power processes. The technology's unprecedented multi-radio integration enables Cypress to expand its wireless portfolio of Wi-Fi and Bluetooth products, making it an ideal choice for a wide range of IoT products.
Kothandaraman added: "Our multi-protocol Wi-Fi and Bluetooth products create superior system value for our customers. We will continue to expand our product portfolio and build on the success of our PSoC 4 BLE and EZ-BLETM modules. Explore ways to integrate RF modules with ARM®-based PSoC® programmable system-on-chip and MCU solutions."
Promote the development of connected cars
Cypress is a leader in connected cars and has achieved industry firsts in the past decade, including the first to apply Bluetooth and Wi-Fi technology to cars. Cypress is the first to offer a Wi-Fi-Bluetooth combination to upgrade traditional Bluetooth audio technology over the Internet; in addition, Cypress's connected car products include the industry's first 2.4-GHz and 5-GHz 802.11ac synchronous RF combination.
DiFranco added: "Our powerful wireless combination for the car is changing the connected car experience, supporting multiple displays for simultaneous use, and media sharing. In addition to providing an internet connection, our RF is perfectly matched to Cypress's TraveoTM car. MCUs and high-performance flash memory that supports online firmware upgrades reduce implementation costs and eliminate the need for dealers to turn to dealers."
About Cypress
Founded in 1982, Cypress provides the core high performance, high quality solutions for today's most advanced embedded systems for a wide range of automotive, industrial, home automation and appliance, consumer electronics and medical devices. Cypress offers programmable system-on-chips, general-purpose microcontrollers, analog ICs, wireless and USB connectivity solutions, and reliable high-performance memory to help engineers design differentiated products and bring them to market first. Cypress is committed to providing customers with the best support and design resources to help technology innovators disrupt the market in the shortest possible time and create new product categories. For more information, please visit:
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