Renesas has acquired Panthronics AG, a fabless semiconductor company headquartered in Graz, Austria, specializing in high-performance wireless products.
Panthronics offers advanced NFC chipsets and software that are easy to apply, small-in-size, and highly efficient for payment, IoT, asset tracking and wireless charging.
Renesas said the deal brings 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 breadth of connectivity solutions in growing areas spanning fintech, IoT, and automotive spheres.
“We are excited to welcome the Panthronics team to Renesas, and announce 13 Winning Combinations showcasing the technological synergy between the companies on the same day,” said Sailesh Chittipeddi, Executive Vice President & General Manager of the Embedded Processing, Digital Power and Signal Chain Solutions Group.
