Silicon Labs Completes Acquisition of Energy Micro

AUSTIN, Texas--Silicon Labs (NASDAQ: SLAB), a leader in high-performance, analog-intensive, mixed-signal ICs, today announced it has completed the acquisition of Energy Micro AS. This strategic acquisition accelerates Silicon Labs' growth opportunities and positions the company as the foremost innovator in energy-friendly embedded solutions for the Internet of Things, smart energy, home automation, security and portable electronics markets.


Based in Oslo, Norway, Energy Micro offers the industry's most energy-efficient portfolio of 32-bit microcontrollers (MCUs) based on the industry-leading ARM® Cortex™-M architecture and is developing multi-protocol wireless RF solutions also based on ARM architecture. Energy Micro's ultra-low-power portfolio complements Silicon Labs' existing 32-bit Precision32™ mixed-signal MCUs and sub-GHz and ZigBee® wireless RF products and targets a rapidly growing embedded market. The acquisition greatly expands Silicon Labs' 32-bit MCU and wireless SoC portfolio, adding nearly 250 energy-friendly MCUs and new low-power wireless protocols such as Bluetooth LE.

Under the agreement, the shareholders of Energy Micro will receive an up-front payment of $115 million in cash, plus approximately $55 million in deferred and earn-out consideration. Energy Micro is expected to contribute approximately $7 million in revenue in the second half of 2013. Anticipated growth is expected to allow the transaction to be accretive on a non-GAAP basis by the end of 2014.

About Silicon Labs
Silicon Labs is an industry leader in the innovation of high-performance, analog-intensive, mixed-signal ICs. Developed by a world-class engineering team with unsurpassed expertise in mixed-signal design, Silicon Labs' diverse portfolio of patented semiconductor solutions offers customers significant advantages in performance, size and power consumption. For more information about Silicon Labs, please visit www.silabs.com.

Featured Product

ELK Products -C1M1 Dual-Path Alarm Communicators with Remote Services

ELK Products -C1M1 Dual-Path Alarm Communicators with Remote Services

C1M1 offers a truly significant reduction in transmission time in comparison to other communicators that rely on dial capture or data bus decoding. This can result in quicker response time to emergency situations which could save lives and assets. By providing both IP and cellular pathways, C1M1 provides the reliability installers are looking for in an alarm communicator. C1M1 eliminates port forwarding and extra fees for remote access. Installers can remotely upload/download programming changes to M1 controls over IP or cellular using ElkRP2. Consumers can control the M1 remotely via the free ElkLink mobile app and web portal, as well as eKeypad and M1 Touch Pro apps. Other IP-based software and interface partners can connect to the M1 control over the local network through C1M1. C1M1 also provides email/text notifications for arm, disarm, and alarm events. ELK-C1M14GSM supports GSM (AT&T/T-Mobile) networks and ELK-C1M1CDMA supports CDMA (Verizon) networks.