Renesas Electronics, a premier supplier of advanced semiconductor solutions, this week announced the successful completion of acquisition of Celeno Communications, the leading provider of smart, innovative Wi-Fi solutions for approximately US$315 million.
Headquartered in Israel, Celeno offers a wide range of wireless communication solutions, including advanced Wi-Fi chipsets and software solutions, for high-performance home networks, smart buildings, enterprise and industrial markets. Its industry’s most compact chipset offerings for Wi-Fi 6 and 6E deliver exceptional Wi-Fi network performance and increased security with low latency and low power consumption.
With the addition of Celeno’s industry leading Wi-Fi technologies and software expertise, Renesas will significantly enhance its connectivity portfolio. In addition, these technologies, combined with Renesas’ offering of MCU/MPU/SoC processors, wireless ICs, sensors and power management technologies, create a comprehensive, end-to-end connectivity solution for both clients and access points addressing IoT, infrastructure, industrial and automotive applications.
With the transaction now closed, Celeno became a wholly owned subsidiary of Renesas. The addition of Celeno’s design center in Israel and welcoming R&D staff will further strengthen Renesas’ global engineering and software development talent base, allowing Renesas to bring more seamless and expanded services to customers around the globe.
