San Diego’s Peregrine Semiconductor stated Monday that it has acquired energy converter chip begin-up Arctic Sand Applied sciences for $sixty eight million.
Peregrine, a subsidiary of Japanese electronics big Murata, stated the deal beefs up its energy converter semiconductor portfolio. Peregrine will faucet its chip manufacturing experience – it has shipped greater than three.5 billion models because it was based in 1990 – to convey Arctic Sand’s know-how to market in quantity.
Spun out of the Massachusetts Institute of Know-how in 2010, Arctic Sand has developed energy conversion chips that it claims are smaller, thinner and extra environment friendly than conventional conversion semiconductors. The know-how is used for voltage administration in smartphones, laptops and LED show panels.
The corporate has 26 staff and has raised $29.6 million in enterprise capital because it was based.
“With this acquisition, Peregrine and Murata achieve Arctic Sand’s disruptive know-how, robust mental property portfolio and world-class staff,” stated Jim Cable, chief know-how officer of Peregrine and international analysis and improvement director at Murata Manufacturing. “We’re one step nearer to dramatically smaller, lighter, quicker and extra environment friendly energy options.”
Peregrine makes radio frequency semiconductors utilized in cell phones, mobile base stations, medical units, police radios and different gear. Its key innovation includes coupling silicon to an insulator to deal with excessive-efficiency, excessive-energy wi-fi duties.
Peregrine has 496 staff worldwide, together with about 415 in San Diego. It was bought in 2014 by Murata for $465 million.
Murata plans so as to add Arctic Sand’s energy conversion semiconductors to its product line up for not solely telecommunication clients but in addition knowledge communications and industrial electrical markets.
Arctic Sand claims its know-how reduces the area occupied by energy elements by 50 %. It additionally cuts the facility loss in voltage conversion by as much as one half.
Arctic Sand shall be built-in with Peregrine Semiconductor however will proceed to function at its present places in Burlington, Mass., Santa Clara and Taiwan.
“With the added strengths of Murata and Peregrine, we will convey recreation-altering innovation to an influence electronics market that desperately wants it,” stated Gary Davison, chief government of Arctic Sand, in a press release.