Nijmegen, the Netherlands-based Nexperia, a company specialised in high-volume chip production, announced on Friday, November 11, that it has acquired Delft-based startup Nowi. However, the Dutch company did not disclose the financial details of the deal.
With this acquisition, Nexperia aims to broaden its portfolio of power management products to include energy-harvesting solutions. Further, this deal is part of Nexperia’s shift into producing more integrated chipsets as well as its discrete power devices.
Founded in 2016, Nowi is a private semiconductor firm that has developed energy-harvesting power management IC (PMIC) that combines the smallest PCB (Printed Circuit Board) footprint with the lowest BOM (Bill of Material) cost and the best average harvesting performance.
As a result, it simplifies the design process and lowers the threshold for any company to develop ‘Plug & Forget’ products.
The manufacturing capacity and capability of Nexperia and its global infrastructure will ensure that together, Nowi will be able to speed the production of these solutions enabling higher volume production and shipping by the end of 2022 and early 2023.
“Becoming part of Nexperia makes sense on many levels,” says Nowi B.V. CEO. “Having access to the fabrication, sales, and marketing infrastructure of a large semiconductor manufacturer will allow us to bring better products to market faster. Our shared Dutch heritage will bring added synergy to future activities. The team is very excited about the future as part of Nexperia and together achieving our mission. We will be better together, stronger together.”
Nexperia: What you need to know
Nexperia specialises in the high-volume production of essential semiconductors, crucial components required by every electronic design.
The company’s portfolio includes diodes, bipolar transistors, ESD protection devices, MOSFETs, GaN FETs, and analog & logic ICs. Nexperia says it annually ships more than 100B products and has over 14,000 employees across Asia, Europe, and the US.
“Nowi represents a strategically important investment because energy harvesting is the perfect complement to Nexperia’s existing power management capabilities,” says Dan Jensen, General Manager of Business Group Analog & Logic ICs at Nexperia. “This decision means Nexperia can now offer customers a sustainable alternative to battery power for their products that will be available quickly. The team at Nowi has built a strong foundation on which we are only looking to build and facilitate the ability to scale – both from the production side and the business and the team. We are excited to bring the Nowi team into the Nexperia family.”