NXP Semiconductors recently announced the successful acquisition of Jennic. This move not only strengthens the company's leadership in the wireless low-power RF market, but also marks an important step forward for NXP's technology and product portfolio in the wireless semiconductor field. step. Jennic's expertise in 802.15.4 and Zigbee low-power RF solutions is combined with NXP's high-performance mixed-signal products to form a comprehensive wireless semiconductor platform. This platform covers emerging technology areas including electronic metering, smart lighting, building automation, asset tracking and remote device control.
Through this acquisition, NXP will integrate Jennic's short-range wireless technology into its existing RF product portfolio to better meet the growing market demand for low-power RF solutions. The transaction involves an equity purchase fee of approximately US$12 million, with NXP also paying an additional fee of up to US$7.8 million if Jennic meets certain operational targets over the next two years. In addition, approximately 50 Jennic employees based in the UK will join the NXP team. NXP's extensive global distribution network and strong customer base will enable Jennic's short-range wireless products to receive wider global promotion, expanding the market size and development opportunities for its low-power RF products.
Rick Clemmer, President and CEO of NXP Semiconductors, said: "Innovations in low-power wireless RF technology are driving significant demand for new applications and usage models across many industries. The low-power RF solutions developed by Jennic Not only does it set the standard for reducing power consumption, but it is also an excellent example of high-performance mixed-signal technology. By combining with Jennic, we will jointly focus on the fast-growing market and provide a complete set of wireless semiconductor solutions."
Jennic's complete 802.15.4 technology product line, including Zigbee Pro, 6LowPan and RF4CE software stacks, is ideal for applications that require low installation and maintenance costs and high flexibility, scalability and reconfiguration capabilities. As low-power RF technology gradually replaces wired narrowband communication solutions, Jennic's receivers, chips, modules and protocol stack products will meet the growing demand for smart grid and metering, smart lighting networks, home and building automation, and consumer remote control solutions. Growing market demand.
"We firmly believe that 802.15.4 short-range wireless technology has great potential to develop new applications and replace traditional communication solutions. As a low-cost The advantages of networking technology are obvious. By integrating Jennic's solutions, NXP will be able to provide the broadest range of long-distance and short-distance wireless product platforms on the market to meet customers' various needs in this field."