Renesas Electronics Corporation, a provider of advanced semiconductor solutions, recently announced the successful completion of the acquisition of Panthronics AG, a fabless semiconductor company specializing in high-performance wireless products.
The acquisition was completed this June, following the necessary regulatory approval. Renesas also announced 13 “Winning Combination” solution designs that combine Renesas products with Pantronics' exclusive Near-Field Communication (NFC) technology – showcasing the continued expansion of Renesas' portfolio, specifically in the connectivity space.
“We are excited to welcome the Panthronics team to Renesas and announce 13 winning combinations that showcase the technology synergy between the companies on the same day,” said Sailesh Chittipeddi, Executive Vice President and General Manager, Embedded Processing Solutions Group , Digital Energy and Signal Chain. . “ These winning combinations unite Renesas' broad range of integrated processing, power, connectivity and analog portfolios with Pantronics' NFC technology, providing customers with turnkey NFC solutions.”
NFC is now widely used in our daily lives and its market is expected to grow exponentially for industrial and automotive use cases. Headquartered in Graz, Austria, Panthronics offers advanced NFC chipsets and software that are easy to apply, small in size and highly efficient for payments, IoT, asset tracking and wireless charging.
The acquisition provides Renesas with in-house capability to instantly capture growing market opportunities for NFC. With Panthronics' NFC expertise and skilled engineering talent, Renesas will be able to offer customers a compelling range of connectivity solutions in growth areas spanning fintech, IoT and automotive spheres.
To immediately demonstrate the companies' technological advantages, Renesas announced 13 winning combinations that integrate Renesas' integrated processing, power, connectivity and analog portfolios with Panttronics' exclusive NFC technology.
These market-ready reference designs allow customers to instantly begin developing NFC systems with minimal cost and time. Pantronics devices are also part of Renesas IoT Quick Connect, a standardized hardware platform and Quick Connect Studio that enables “drag and drop” functionality into system design to quickly and easily add needed functions and features.
