Bosch, a German multinational engineering and technology company based in Gerlingen, Germany, announced Thursday (September 22nd) that it has acquired Eindhoven-based semiconductor company Ideas to the Market (ItoM).
With this acquisition, the German company aims to strengthen its expertise in high-frequency processing SoCs. System-on-Chips (SoC) are increasingly used semiconductors in control units in the automotive industry. The IToM development sites in Eindhoven and Enschede will be further expanded as part of the acquisition.
Financial details of the transaction were not disclosed. The acquisition is subject to the approval of the competition authorities.
From ideas to market: what you need to know
Founded in 1998, Ideas to the Market (ItoM) is a design service and IP provider focused on integrated circuit and system developments for RF transceivers and broadcast tuners.
Using standard BiCMOS IC technology, the Dutch company designed the first Hi-Fi stereo AM and FM radios without external components.
ItoM has many IPs like LNAs, oscillators, mixers, AGCs, stereo decoders, etc.
In 2006, the company started manufacturing in 55nm CMOS RF technology. These designs achieve an even higher level of integration than previous chip generations, the company claims.
“We have core expertise in mixed-signal IC design and bring a strong team to the table. Bosch offers the ideal framework to grow. I am convinced that the merger will open up new perspectives for our company and our employees”, Edwin Veldman, Managing Partner at ItoM.
Bosch: what you need to know
The Bosch Group is a global technology and service provider. The company’s activities are divided into four business areas: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.
As an IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0 and connected mobility. Bosch pursues a vision of sustainable, safe and exciting mobility.
“The team fits perfectly into our development area for ICs and will build expertise in high-frequency circuits,” says Jens Fabrowsky, Executive Vice President Automotive Electronics, Robert Bosch GmbH, Area Head semiconductor components business at Bosch.
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