28 Apr '16, 4pm

Cypress to aqcuire Broadcom’s IoT wireless business: Cypress Semiconductor has agreed to acquire...

Cypress to aqcuire Broadcom’s IoT wireless business: Cypress Semiconductor has agreed to acquire...

This means Cypress will acquire Broadcom’s Wi-Fi, Bluetooth and Zigbee IoT product lines and intellectual property, along with its WICED brand and developer ecosystem. The IoT business employs approximately 430 people and generated $189m in revenues during the last twelve months. The important IoT markets are automotive and industrial, as well as consumer markets like wearables and home automation systems. Broadcom said it will continue to focus on its non-IoT related wireless chips for the access and mobile markets, including serving set-top box, wireless access, smartphone, laptop and notebook customers. “Cypress is a significant player in the IoT today because of our ultra-low-power PSoC programmable system-on-chip technology, but we’ve only been able to pair it with generic radios so far. Now we have the highly regarded Broadcom IoT business—state-of-the-art Wi-Fi, Blu...

Full article: http://www.electronicsweekly.com/news/cypress-to-aqcuire-...

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cypress.com 28 Apr '16, 12pm

This press release contains certain "forward-looking" statements within the meaning of the Private Securities Litigation R...

Cypress Acquires Broadcom's Wireless IoT Business, Loses Long-Time Chief Executive

Cypress Acquires Broadcom's Wireless IoT Busine...

electronicdesign.com 28 Apr '16, 11pm

In another attempt to redraw product lines around wireless sensors that gather data and bring automation into homes and ma...

via @eetimes

eetimes.com 28 Apr '16, 11pm

SAN FRANCISCO—Cypress Semiconductor Corp. will pay $550 million to acquire Broadcom Corp.’s Wireless Internet of Things (I...

via @eetimes

eetimes.com 28 Apr '16, 5pm

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cypress.com 28 Apr '16, 5pm

We believe Cypress has an excellent record on these issues. But that's because it's the way we choose to run the business ...