Synaptics Accelerates Mobile Display Leadership with Acquisition of Renesas SP Drivers
Acquisition Unites Industry Leaders to Further Synaptics' Market Position as a Leading Human Interface Solution Provider
SAN JOSE, Calif., June 10, 2014 -- Synaptics Inc. (SYNA), a leading developer of human interface solutions, today announced that it has signed a definitive agreement to acquire all of the outstanding equity of Renesas SP Drivers, Inc., the industry leader in small and medium-sized display driver ICs (DDICs) for smartphones and tablets. With the acquisition, Synaptics expects to increase its addressable market opportunity by 1.5X and to accelerate its product roadmap for touch-and-display driver integration (TDDI). The combination enables platform-level solutions for select segments of the mobile market, while also extending its leadership position in Touch and DDIC product families.
- Published: 11 June 2014
- Written by Editor