Renesas to acquire Celeno Communications for $315 million

Renesas Electronics Corporation agreed to acquire Celeno Communications, an Israeli Wi-Fi solutions provider, for approximately $315 million in an all-cash transaction. The deal is expected to close by the end of 2021.

“The acquisition enhances Renesas’ connectivity portfolio with the addition of Celeno’s industry-leading Wi-Fi technologies and software expertise.”calcalistech.com

• 1 source
• calcalistech.comIsrael's Celeno acquired by Japan's Renesas for $315 million - CTechOct 28, 2021

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