ON SEMICONDUCTOR acquires AXSEM AG

Oct. 20, 2015 – AXSEM AG, a provider of low-power radio frequency (RF) devices, is now a part of ON Semiconductor.

AXSEM’s portfolio of low-power sub 1 gigahertz (GHz) RF solutions (SIGFOX, enocean, wireless M-Bus, AT and proprietary) enhance ON Semiconductor’s existing 2.4 GHz (ZigBee) and wired (MBus, KNX and HART) offerings. The AXSEM portfolio enables worldwide wireless connectivity and supports advanced functionality in the Internet of Things (IoT), automatic meter reading, home automation, sensor networks and satellite communication markets.

"To further the growth of our industrial end-market, we have acquired AXSEM, a provider of low-power radio frequency (RF) chips that enable wireless connectivity to support advanced functionality in the Internet of Things (IoT), automatic meter reading, home automation, sensor networks and satellite communication markets" said Bob Klosterboer, EVP, Application Products Group. "Adding AXSEM's low-power RF chips, microcontroller technologies and system experience to our Applications Product Group is another step towards expanding the company's presence in the high-growth Industrial IoT segment."

About ON Semiconductor

ON Semiconductor (Nasdaq: ON) is driving energy efficient innovations, empowering customers to reduce global energy use. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient power management, analog, sensors, logic, timing, connectivity, discrete, SoC and custom devices. The company’s products help engineers solve their unique design challenges in automotive, communications, computing, consumer, industrial, medical, aerospace and defense applications. ON Semiconductor operates a responsive, reliable, world-class supply chain and quality program, a robust compliance and ethics program, and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe and the Asia Pacific regions. For more information, visit http://www.onsemi.com.