Silicon Labs buys Bluegiga for $61M
Silicon Labs (NASDAQ: SLAB), which specializes in a range of mixed-signal ICs for the Internet of Things,announced yesterday it has bought wireless technology company Bluegiga Technologies for $61 million in cash.
Bluegiga provides hardware and software for short-range communications, known especially for it's Bluetooth line with recent expansions into support for Wi-Fi. That expertise complements Silicon Labs’ portfolio, which includes basic building blocks for IoT: microcontrollers and wireless MCUs, low-power RF ICs in their exisiting Zigbee and Sub-GHz line and a range of sensor offerings.
Bluegiga’s headquarters in Espoo, Finland, will continue to operate under the Silicon Labs brand as a hub for Bluetooth and Wi-Fi development. Silicon Labs is headquartered in Austin, Texas, and has a number of other facilities in the U.S., U.K., Europe and Asia.