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Lattice acquires SiliconBlue

Posted: 13 Dec 2011 ?? ?Print Version ?Bookmark and Share

Keywords:mobile platform? FPGA? mobileFPGA?

FPGA company Lattice Semiconductor Corp. has announced its planned acquisition of SiliconBlue Technologies Inc. for $62 million in cash. SiliconBlue is a startup that specialized in low-power FPGAs.

According to the companies, SiliconBlue is a pioneer and leader in Custom Mobile Device solutions for the consumer handheld market. Utilizing a single chip, ultra-low power FPGA fabric, SiliconBlue's mobileFPGA devices enable mobile designers to quickly add features to their mobile platform in areas such as connectivity, memory/storage, sensor management and video/imaging.

Kapil Shankar, SiliconBlue's CEO, will join Lattice as corporate vice president of the mobility business unit and will be responsible for the company's mobility product lines.

The acquisition is subject to standard closing conditions and is expected to close in the fourth quarter of 2011. Lattice Semiconductor ended the third quarter of 2011 with cash, cash equivalents and short-term marketable securities balance of $267.2 million.

"The acquisition of SiliconBlue is aligned with our strategic long range plan and will help accelerate our growth strategy in the mobile consumer market," said Darin Billerbeck, Lattice CEO, in a statement. "SiliconBlue will further strengthen our product roadmap by adding a scalable, low cost, low power non-volatile memory FPGA, along with key personnel and blue chip customers."

Shankar said: "We think our existing customers will immediately benefit from our new global reach and support. We also expect Lattice's added resources and financial strength will give potential new customers confidence in designing in our mobileFPGA solutions as we work to more fully realize the potential of our pioneering technology."

The mobile consumer market for programmable logic includes digital cameras, smartphones, eReaders, tablets, notebooks and netbooks.

Darin G. Billerbeck, Lattice's president and CEO, said, "The acquisition of SiliconBlue is aligned with our Strategic Long Range Plan and will help accelerate our growth strategy in the Mobile Consumer market. Silicon Blue will further strengthen our product roadmap by adding a scalable, low cost, low power nonvolatile memory FPGA, along with key personnel and blue chip customers."

The mobile consumer market for PLD's includes digital cameras, smartphones, eReaders, tablets, notebooks and netbooks. Key market growth trends include the drive for longer battery life, more natural interfaces, increased functionality, lower cost and reduced weight.

- Peter Clarke
??EE Times





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