Microchip Technology has acquired Roving Networks. Their easy-to-use solutions are tailor made for embedded applications, and broaden the range of wireless connectivity options to help engineers enable their products. The terms of the deal were not disclosed. The transaction is expected to be immediately accretive on a non-GAAP basis.
The Roving Networks offers solutions for both Wi-Fi and Bluetooth data connections for devices like smartphones using the iOS (iPhone) or Android operating systems. Roving Networks solutions are typically aimed at sensors requiring long battery life and a responsive availability to network requests. Roving Networks modules offer fully embedded stacks that simplify designs. Their solutions reduce wireless design cycles to weeks instead of months.
Roving Networks is a privately held, fabless semiconductor developer of Wi-Fi certified transceivers and FCC certified Wi-Fi and Bluetooth modules. The company is located in Los Gatos, California. The Roving Networks team is headed by Mike Conrad. They, will continue to operate out of their Los Gatos office.