Texas Instruments has announced that it will acquire Chipcon, a Norwegian company specializing in the design of short-range, low-power wireless RF transceivers, especially for ZigBee.
Chipcon’s design experience in RF transceivers and SoCs is expected to complement TI's advanced analog silicon technologies and broad systems expertise. TI agreed to pay approximately $200 million for Chipcon. The transaction is expected to be complete in January 2006.
Chipcon will become a wholly-owned TI subsidiary and will continue to operate from its Oslo, Norway headquarters. Its other facilities include a software design center in San Diego, California; and sales offices in New Hampshire, Germany, Hong Kong, and Tokyo. The company employs about 120 people.
The acquisition particularly strengthens TI’s position in ZigBee, a global standard for wireless monitoring and control applications.
"As our customers incorporate more short-range wireless technology into their designs, it is increasingly important for TI to offer a robust range of RF transceiver options," said Gregg Lowe, Senior Vice President for TI’s High Performance Analog division.
Geir Forre, Chipcon President and CEO, will lead TI’s team integrating short-range wireless personnel and products from the two companies. Forre said Chipcon will benefit from TI’s leading-edge manufacturing, process and packaging technology."
With a combination of standards-based and proprietary products, Chipcon radio technology can be found in consumer applications like wireless keyboards and gaming accessories, as well as in security systems and automatic meter reading systems in the home and building automation market.
Chipcon’s CC2430 is the world's first true System-on-Chip ZigBee solution. Chipcon also provides customers with the industry-leading ZigBee-compliant protocol stack, the Z-Stack, which was acquired when Chipcon purchased Figure 8 Wireless in January 2005.
Chipcon’s proprietary RadioDesk technology platform supplies turnkey solutions to wireless input device manufacturers. More information about Chipcon is available at www.chipcon.com. More information about the acquisition is available at www.ti.com/chipcon-pr.