SAN JOSE, Calif., July 26, 2017 – Synaptics Incorporated (NASDAQ:SYNA), the leading developer of human interface solutions, today announced that it has completed its acquisition of Conexant Systems, LLC, a technology leader in voice and audio processing solutions for the smart home. The combination of Synaptics’ and Conexant’s strong technology and market positions will jumpstart Synaptics’ presence in the smart home and extend the Company’s human interface leadership into the fast-growing consumer IoT market.
“We are very excited to have quickly closed on this important acquisition and be able to immediately leverage the added voice and audio solutions to pursue the growing opportunities in consumer IoT. With the broadened portfolio of technologies and products, we will not only diversify our customer base, but also provide our customers more value-add. We look forward to working with our global partners to deliver a full range of solutions to our core mobile, automotive, and PC markets, and now for consumer IoT,” said Rick Bergman, President and CEO, Synaptics.
The acquisition of Silego will complement Dialog's market leadership by increasing Dialog's content at existing customers and expanding its customer base. The breadth of the new product portfolio will strengthen Dialog's presence in markets including IoT, computing and automotive.
About Synaptics
Synaptics is the pioneer and leader of the human interface revolution, bringing innovative and intuitive user experiences to intelligent devices. Synaptics’ broad portfolio of touch, display, and biometrics products is built on the company’s rich R&D, extensive IP and dependable supply chain capabilities. With solutions designed for mobile, PC and automotive industries, Synaptics combines ease of use, functionality and aesthetics to enable products that help make our digital lives more productive, secure and enjoyable. (NASDAQ:SYNA). Join Synaptics on Twitter, LinkedIn, and Facebook, or visit www.synaptics.com.
About Conexant Systems
Conexant Systems, LLC, is the industry’s go-to source for hardware and software solutions that offer unrivaled performance for audio and voice applications. The company combines its significant IP portfolio in DSP, analog and mixed signal technology with embedded software to enrich and expand audio and voice capabilities of products across nearly every vertical. Conexant also is a leader in advanced imaging solutions designed to improve performance of image dependent electronic equipment, such as document and photo imaging controllers and digital video. Founded in 1999, Conexant is a privately-held fabless semiconductor and audio technology engineering company headquartered in Irvine, California with offices and design centers worldwide.
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