# Valens Semiconductor acquires Acroname for industrial USB solutions

Valens Semiconductor announced the acquisition of Acroname, a company specializing in advanced automation and control technologies. The acquisition bolsters Valens' USB offering for the industrial market, combining Valens' USB extension chipsets with Acroname's programmable USB hubs and switches.

- Type: Acquisition
- Announced: 2024-06-03
- Where: Boulder, Colorado, United States
- Status: announced
- Products: USB extension chipsets, programmable USB hubs, USB switches, test automation systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Valens Semiconductor](https://endata.com/companies/55376.md) (acquirer)
- [Acroname](https://endata.com/companies/77811.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1863006/000121390024048780/ea020711501ex99-1_valens.htm), 2024-06-03: "Today, Valens Semiconductor announced the acquisition of Acroname, a pioneering company specializing in advanced automation and control technologies."
- [prnewswire.com](https://www.prnewswire.com/news-releases/valens-semiconductor-acquires-acroname-bolstering-its-innovative-usb-offering-for-the-industrial-market-302161739.html), 2024-06-03: "The acquisition enables Valens to expand its position in the industrial market with a holistic USB-focused offering."
- [valens.com](https://www.valens.com/newsroom/valens-semiconductor-acquires-acroname-bolstering-its-innovative-usb-offering-for-the-industrial-market/), 2024-06-03: "Valens Semiconductor announced the acquisition of Acroname, a pioneering company specializing in advanced automation and control technologies."
- [acroname.com](https://acroname.com/blog/acroname-joins-valens-keeping-same-amazing-products-and-support-you-expect), 2024-06-03: "Acroname has been acquired by Valens Semiconductor; this partnership is set to revolutionize the industrial USB market."

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