# 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.

- Type: Acquisition
- Announced: 2021-10-28
- Where: Ra'anana, Israel
- Value: $315.0M
- Status: announced
- Products: Wi-Fi chipsets, Wi-Fi software solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Renesas Electronics Corporation](https://endata.com/companies/19562.md) (acquirer)
- [Celeno Communications](https://endata.com/companies/58775.md) (target)

## Sources

- [calcalistech.com](https://www.calcalistech.com/articles/0,7340,L-3921187,00.html), 2021-10-28: "The acquisition enhances Renesas’ connectivity portfolio with the addition of Celeno’s industry-leading Wi-Fi technologies and software expertise."

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