Silicon Labs doubles the number of connected devices after automatic chip spin-off
Sept. 14 (Reuters) – Silicon Laboratories Inc (SLAB.O) on Tuesday introduced new chips and software to deepen its pursuit of the Internet of Things (IoT) market after finalizing the split of several business units earlier This year.
The Austin, Texas-based company sold some automotive chip assets and other business lines to Skyworks Solutions Inc (SWKS.O) for $ 2.75 billion in order to focus more on supplying chips. for connected devices such as smart home gadgets, smart energy meters and connected industrial machines that collect data that can be analyzed to make production more efficient.
The problem Silicon Labs is trying to solve is simple yet technologically complex: While all of these devices ultimately connect to the Internet, they use a bushel of changing wireless communication standards to make it happen.
Silicon Labs tries to develop chips and software that gadget makers can buy off the shelf and use without having to become experts in each wireless technology as it evolves.
On Tuesday, the company announced a new chip to send data back over the internet using very small batteries that can be used in devices like window and door sensors in home security systems. The company also said it has developed a system for customers to put their own security measures on chips during the manufacturing process to protect the chips from being hacked.
But his biggest announcement was a set of software tools that he’ll release for free to all IoT device manufacturers. The goal of the software is to be a universal translator between different wireless technologies, in order to avoid devices that could no longer work if a standard were to fall from favor in the coming years.
“All of your solutions will continue to communicate with each other and to work,” Silicon Labs president Matt Johnson, who will become chief executive next year, told Reuters. “Tools and software are the real catalyst to make our industry go faster, not just silicon.”
Reporting by Stephen Nellis in San Francisco. Editing by Jane Merriman
Our standards: Thomson Reuters Trust Principles.