E2V buys ADC specialist

E2V buys ADC specialist

Business news |
By eeNews Europe

SP Devices’ analog-to-digital conversion subsystems that are used by equipment makers in industrial test & measurement, healthcare, communications and science. It also provides software and board-level subsystems and services.

SP Devices was founded in 2004 by a team from Linkoping University. That team will continue to drive the business under e2v’s ownership.  In 2015 SP Devices had sales of approximately $4.0 million and these are expected to grow in 2016. 

The initial cash purchase price is $14 million with an earn-out of up to a further $4 million in cash, dependent on revenue growth targets.  The SP Devices’ management team will remain with the business.  The acquisition is being funded from e2v’s existing resources. 

Related links and articles:

News articles:

S3 offers ADC cores for consumer SoCs

Analog startup offers gigasample-per-second ADC core

Wideband, 18-bit SAR ADC betters pipelined-converter SNR

Choosing SAR vs Sigma-Delta ADCs for high dynamic range applications

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News


Linked Articles