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indie Semiconductor acquires Analog Devices' Symeo radar division · Endata

◂ Announcements

Oct 25, 2021ACQUISITIONMunich, Germany

indie Semiconductor acquires Analog Devices' Symeo radar division

indie Semiconductor executed a definitive agreement to acquire Symeo GmbH, Analog Devices' Munich-based radar division, including approximately 35 team members and 120 radar-related patents.

Status

Announced

Productsradar hardware and software for automotive safety systems

CompaniesAnalog Devices target indie Semiconductor acquirer Symeo target

Sectors#Semiconductors and Industrial Electronics #Automotive Components

“indie Semiconductor, Inc., an Autotech solutions innovator, has executed a definitive agreement with Analog Devices, Inc. to purchase Symeo GmbH, ADI’s Munich-based radar division consisting of approximately 35 team members specializing in radar hardware and software development for emerging safety ”businesswire.com

1 source
businesswire.comindie Semiconductor Enters Definitive Agreement to Acquire Analog Devices’ Symeo Radar DivisionMedia InquiriesOct 25, 2021

Summarized from public sources; check the original articles before acting on it.

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