Silicon Labs Acquires Zentri, Innovative Wi-Fi Company


Jan 30 2017

Silicon Labs announced on Monday that it had acquired Zentri Inc., an IoT company dedicated to innovating low-power, cloud-connected Wi-Fi technologies that allow IoT developers to focus on their products without worrying about connectivity issues.

Zentri, through a combination of modules, imbedded/cloud-based software, APIs and tools, allows IoT developers to achieve secure end node products in mere weeks.

Silicon Labs, founded 1996, is a global mixed-signal semiconductor company involved in the voice and data, automotive/consumer, Internet infrastructure, and IoT markets. Zentri had raised a total of $3.4M in 2 Rounds since their founding in 2014.

The acquisition represents an effort by Silicon Labs to expand its reach in the growing IoT market – the combination of Zentri’s Wi-Fi systems and Silicon Labs’ will allow the company to deliver “comprehensive, multiprotocol silicon and software solutions to securely connect IoT products to the cloud. Zentri's Wi-Fi expertise, software and tools will extend our multiprotocol connectivity portfolio to a wider range of power-sensitive IoT end node applications," said CEO Tyson Tuttle.



More Details

Highlights

+ Zentri was featured by Gartner, Inc. in its 2016 report “Cool Vendors in IoT ‘Thingification’.”

+ In the past two years, Silicon Labs has acquired 4 separate IoT connectivity companies: Zentri, Micrium, Telegesis, and Bluegiga Technologies.

+ In mid-2016 it appeared that Buddy, an IoT Platform company, intended to acquire Zentri but the deal was not closed, allowing Silicon Labs to make the acquisition.

Additional Coverage

- http://www.silabs.com/SiteDocs/corporate/Silicon-Labs-Company-Presentation.pdf

- http://electronics360.globalspec.com/article/8023/silicon-labs-makes-internet-of-things-grab-with-zentri-acquisition

- http://www.streetinsider.com/Corporate+News/Silicon+Labs+%28SLAB%29+Acquires+Zentri/12446835.html


Silicon Labs Acquires Zentri, Innovative Wi-Fi Company cover image
Sponsor