Analog Devices

ADI Acquires Innovasic,Smart Automation Solutions portfolio

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ADI has acquired Innovasic,leading provider of Deterministic Ethernet semiconductor and software solutions. The acquisition provides ADI’s Smart Automation Solutions portfolio for industrial automation and Industrial Internet of Things (IoT).

According to Kevin Carlin,General Manager of ADI’s Automation Business Unit “The acquisition of Innovasic will give ADI customers immediate access to a set of innovative solutions for today’s Industrial Ethernet applications while also creating a best-in-class roadmap for future connectivity needs like Industrial IoT. These solutions will complement ADI’s existing high-performance Industrial Automation solutions, including Software Configurable IO, Field Instruments, and efficient servo drives.”

The Innovasic team will join ADI’s Industrial Automation Business Unit and operate as a key technology group, developing the company’s Deterministic Ethernet technology solutions and continuing to supply industrial customers with its portfolio of long life-cycle semiconductors. The team will be led by Jordon Woods, Innovasic’s co-founder and COO, and continue to be based in Albuquerque, New Mexico.

According to woods,Innovasic’s co founder and COO “We are excited to become part of Analog Devices and its ‘Smart Automation’ solution set.Innovasic and ADI have both pursued solutions to customers’ most challenging technical problems while committing to maintain long product life cycles to meet the unique requirements of the industrial market. Together, we will be able to effectively and efficiently solve the communications needs of customers serving the most demanding industrial automation environments on the planet.”

Source: Analog Devices

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