ROHM, which manufactures analogue power IC semiconductors bought Powervation, another digital power IC company.
Powervation’s speciality is in digital power management integrated on single semiconducts and ROMH paid $70 million in cash for the company.
Powervation was started in 2006 and specialises in digital power controllers aimed at the cloud and communications infrastructure markets.
ROHM is a $3 billion company in analogue and power semiconductors and has served customers in the automotive and industrial marketplace.
It’s obvious what it’s buying in taking over Powervation – it’s getting a diversified customer base which now covers about analogue and digital technologies, along with expertise from the acquisition.