# Goodix Technology acquires CommSolid for IoT chip development

Goodix Technology has acquired CommSolid GmbH, a Dresden-based startup developing LTE-based Narrow Band IoT communication solutions. The companies will jointly develop SoCs for IoT applications.

- Type: Acquisition
- Announced: 2018-12-17
- Where: Dresden, Germany, Germany
- Status: completed
- Products: IoT communication solutions, radio chips, SoCs for IoT
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Shenzhen Goodix Technology](https://endata.com/companies/36205.md) (acquirer)
- [CommSolid GmbH](https://endata.com/companies/36206.md) (target)

## Sources

- [htgf.de](https://www.htgf.de/en/exit-for-high-tech-grunderfonds-goodix-technology-counts-on-dresden-based-startup-commsolid-for-product-development-for-the-internet-of-things-iot/), 2018-12-17: "It is a win-win situation. Each of the two companies contributes its outstanding technology expertise to jointly offer innovative solutions to the IoT market faster."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.