Renesas Electronics to Acquire Wireless Product Company
April 20, 2023
Renesas Electronics will expand its technology portfolio through the acquisition of Panthronics.
An electronics manufacturer is expected to close on the acquisition of a near-field communications company by the end of the calendar year. Through the acquisition of fabless semiconductor company Panthronics, Renesas Electronics will grow its connectivity technology portfolio.
“Connectivity has been a priority area of ours, expanding and differentiating the realm of solutions we offer. We see tremendous opportunities for Panthronics’ NFC connectivity technology,” Renesas CEO Hidetoshi Shibata told Control Design.
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