Renesas to acquire Steradian Semiconductors

Renesas Electronics Corporation has entered into a definitive agreement to acquire Steradian Semiconductors Private Limited, a fabless semiconductor company based in Bengaluru, India, that provides 4D imaging radar solutions. The all-cash transaction is expected to close by the end of 2022.

“Renesas Electronics Corporation today announced that it has entered into a definitive agreement to acquire Steradian Semiconductors Private Limited.”businesswire.com

• 3 sources
• businesswire.comRenesas to Acquire Steradian to Expand Its Reach in the Radar MarketMedia ContactsAug 31, 2022
• engineering.comRenesas to Acquire Steradian Semiconductors - Engineering.comPuja MitraSep 2, 2022
• eetimes.comRenesas Buys Steradian, Adding to ADAS Portfolio - EE TimesNitin DahadOct 3, 2022

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