Infineon buys Romanian verification experts for IoT chip push
Infineon Technologies has acquired verification and design experts NoBug in Romania and Serbia.
Founded in 1998, NoBug is a privately owned engineering company providing verification and design services for all the digital functionalities of semiconductor products. With approximately 120 engineers, NoBug Consulting and NoBug have sites in in Bucharest, Brașov and Iași in Romania and Belgrade in Serbia.
Infineon Romania now has over 500 R&D engineers with R&D ownership in a variety of Infineon’s product segments. The Development Centre in Bucharest was founded in 2005 and has become one of Infineon’s largest R&D centres in Europe.
The engineers will help accelerate the ability of Infineon’s Connected Secure Systems (CSS) Division to work on complex IoT product developments with cybersecurity, AI and machine learning as well as robust connectivity.
The parties have agreed not to disclose the purchase price.
“We are looking for the highest-skilled experts to grow our IoT business,” said Thomas Rosteck, President of Infineon’s Division CSS. “Therefore, Romania and Serbia are the locations of choice for expanding our R&D activities in Eastern Europe.”
While Infineon delivers a comprehensive IoT portfolio, NoBug brings along specialized expertise in the digital verification of complex System-on-Chip (SoC) solutions.
“This considerable increase in superior verification know-how lets Infineon offer its customers more of its leading products at a reduced time-to-market,” said Guenter Krasser, Vice President and Managing Director of Infineon Romania.
“The acquisition will also further bolster Infineon Romania as a growth location for R&D in Europe and opens up ample new development opportunities for our engineers.”
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