US semiconductor supplier Semtech Corporation has bought out power line communications company EnVerv for an undisclosed amount.
Under the acquisition agreement, EnVerv's staff have joined Semtech in a deal that Semtech will balance out against its 2016 fiscal results.
Good fit for wireless platform
Semtech said EnVerv, which makes advanced metering infrastructure, home energy management systems and Internet of Things applications based on PLC technology, is complementary to its LoRa platform.
Mohan Maheswaran, president and chief executive officer of Semtech, said: "We are pleased to welcome the EnVerv team to Semtech. The acquisition is consistent with our philosophy of acquiring key system level competencies that position Semtech for future growth in targeted application segments.
"PLC technology is highly complementary to our current wireless LoRa solutions and expands Semtech's available market beyond the industrial wireless segment into the industrial PLC market and the residential gateway market.
He added: "We believe that the Smart Home and the Smart Grid are still in their early stages of global development, and having both PLC and wireless technologies positions us well to take advantage of both segments."
Smart metering module
California-based Semtech was also in the news last week when it announced a deal with a wireless product design company to produce a module for smart metering and sensor network applications.
Under the agreement, Washington DC-based Link Labs will make a LL-LP-20 radio module using Semtech’s LoRa long distance radio transceiver technology.
Link Labs LL-LP-20 is designed for industrial control, security and automation, smart metering and sensor network applications, Semtech said in a statement.
The combined product also aims to give increased interference immunity for the 915 MHz ISM band, which is increasingly being used in the US and Canada, the company said.
The module works by providing up to six orthogonal spreading sequences with three different signal bandwidth options and four error correction schemes.
Hardy Schmidbauer, director of Wireless Products at Semtech, said: “LoRa solves the traditional design compromise between range, interference immunity and energy consumption.”
The additional wireless range provided by LoRa also eliminates the need for repeaters in these applications, said Link Labs CEO Brian Ray.
Mr Ray said: “The LL-LP-20 and LoRa are a powerful alternative to Zigbee or other mesh networks for users that need extremely long battery life and great range performance.”