ADI comments: “With the industrial automation market already transitioning from serial fieldbus to Ethernet connectivity, and with the simultaneous push toward a ubiquitous Industrial IoT, there is a clear need for highly reliable, real-time Ethernet connectivity for sensitive industrial automation applications."
"The acquisition of Innovasic will give ADI customers immediate access to a set of innovative solutions for today’s Industrial Ethernet applications while also creating a best-in-class roadmap for future connectivity needs like Industrial IoT. These solutions will complement ADI’s existing high-performance Industrial Automation solutions, including Software Configurable IO, Field Instruments, and efficient servo drives."
“The IEEE has recognized that new standards will be required to enable Ethernet to meet the determinism demands for these emerging applications and is developing the new Time Sensitive Networks (TSN) standards. Innovasic technology not only addresses today’s Industrial Ethernet, but has also been demonstrated to address some of the early requirements of these new IEEE TSN standards. With this acquisition, ADI is now able to offer its customers a path forward from the sensor to the connected future of Industrial IoT.”
The Innovasic team will join ADI’s Industrial Automation Business Unit and operate as a key technology group, developing the company’s Deterministic Ethernet technology solutions and continuing to supply industrial customers with its portfolio of long life-cycle semiconductors. The team will be led by Jordon Woods, Innovasic’s co-founder and COO, and continue to be based in Albuquerque, New Mexico.