Synaptics Incorporated announced on January 28, 2025, that it has accelerated its Edge AI strategy by signing a definitive licensing agreement with Broadcom. This agreement includes Wi-Fi® 8, ultra-wideband (UWB), Wi-Fi 7, advanced Bluetooth®, and next-generation GPS/GNSS products and technology for the IoT and Android™ ecosystem.
This all-cash transaction was expected to close on January 30, 2025. The agreement is anticipated to significantly bolster Synaptics' wireless technology and capabilities, which are cornerstones of its success in IoT markets.
The acquisition of this technology solidifies Synaptics' wireless roadmap for over five years and expands its field of use into AR/VR, Android smartphones, and consumer audio. This strategic move positions Synaptics to integrate Broadcom’s technology and fully deliver on the potential of IoT connectivity, particularly as smartphones act as hubs for edge IoT devices.
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