Sony buys maker LTE modem chips for internet-of-things-applications

Jan

27

2016

Sony has acquired the Israeli chip company Altair. Altair is especially efficient LTE modem chips and Sony wants to combine the technology with its own technology for sensors, for example for internet-of-things-applications.

Sony pays converted 196 million for Altair Semiconductor and expects the acquisition to be completed in early February. Altair was founded in 2005 by former employees of Texas Instruments and the company focuses on the production of fuel-efficient and low-cost LTE modem chips.

The chips must therefore be particularly suitable for internet-of-things applications and Altair cites as examples wearables, cars, smart homes and smart cities. Sony wants to combine the modem chip technology with its own technology, such as those for navigation and image sensors. Camera sensors have become increasingly important for Sony’s operating income, but in the field of internet-of-things, the company further still little technology in-house. “Sony strives to be a new kind of network connected devices to develop sensor components,” explains the company.

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