Sony has confirmed that it has purchased Altair Semiconductor in a deal which is worth $212 million US dollars.
The company develops low power LTE chipsets that are designed for Internet of Things (IoT) devices and Sony now has plans to develop IoT devices.
Strategic Acquisition for IoT Expansion
With the acquisition of Altair, Sony aims to not only expand Altair’s existing business, but also to move forward with research on and development of new sensing technologies. By combining Sony’s sensing technologies – such as GNSS (Global Navigation Satellite System) and image sensors – with Altair’s high-performance, low power consumption and cost-competitive modem chip technology, and by further evolving both, Sony will strive to develop a new breed of cellular-connected, sensing component devices.
This acquisition is a strategic move for Sony, as the IoT market is rapidly growing. The integration of Altair’s LTE chipsets with Sony’s advanced sensing technologies could lead to innovative products that offer enhanced connectivity and functionality. For example, imagine a smart home system where all devices are seamlessly connected, providing real-time data and control to users. This could include everything from smart thermostats and security systems to wearable health monitors that track vital signs and communicate with healthcare providers.
Future Prospects and Market Impact
With the markets for wearable and IoT devices expected to continue to expand, Sony aims to deliver component devices that feature both sensing and communication capabilities, as well as new LTE solutions that leverage the strengths of these component devices. This could potentially revolutionize various industries, including healthcare, automotive, and smart cities.
In healthcare, for instance, IoT devices equipped with Sony’s advanced sensors and Altair’s LTE technology could enable remote patient monitoring, reducing the need for hospital visits and allowing for timely medical interventions. In the automotive industry, connected cars could benefit from real-time data transmission, improving navigation, safety, and overall driving experience. Smart cities could leverage these technologies to enhance infrastructure, manage resources efficiently, and improve the quality of life for residents.
Moreover, Sony’s acquisition of Altair Semiconductor could also lead to advancements in environmental monitoring. IoT devices with integrated sensors could collect data on air quality, water levels, and other environmental factors, providing valuable insights for researchers and policymakers. This could help in addressing climate change and promoting sustainable practices.
With the acquisition of Altair, Sony aims to not only expand Altair’s existing business, but also to move forward with research on and development of new sensing technologies. By combining Sony’s sensing technologies – such as GNSS (Global Navigation Satellite System) and image sensors – with Altair’s high-performance, low power consumption and cost-competitive modem chip technology, and by further evolving both, Sony will strive to develop a new breed of cellular-connected, sensing component devices.
With the markets for wearable and IoT devices expected to continue to expand, Sony aims to deliver component devices that feature both sensing and communication capabilities, as well as new LTE solutions that leverage the strengths of these component devices.
You can find out more details about the deal between Sony and Altair Semiconductor at the link below.
Source Sony
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