ON Semiconductor acquires SensL Technologies; provider of SiPM, SPAD and LiDAR sensing products
10 May 2018
ON Semiconductor has acquired SensL Technologies Ltd., an Ireland-based technology firm specializing in Silicon Photomultipliers (SiPM), Single Photon Avalanche Diode (SPAD) and LiDAR sensing products for automotive, medical, industrial and consumer markets.
The acquisition is expected to be immediately accretive to ON Semiconductor’s non-GAAP earnings per share. This acquisition also positions ON Semiconductor to extend its market leadership in automotive sensing applications for ADAS and autonomous driving with expanded capabilities in imaging, radar and LiDAR.
By combining this acquisition in Ireland with previously acquired radar technology and design centers in Israel and United Kingdom, ON Semiconductor is positioned to provide a comprehensive set of sensor solutions for next-generation highly autonomous vehicles and to solidify its position as a leader in image sensing and ultrasonic park assistance.
In the second half of 2018, ON Semiconductor is planning to introduce samples to the market which incorporate technology from the radar assets acquired in 2017.
The SensL team will report directly into the Image Sensor Group. The team is located in Cork, Ireland and expands a global sensor design footprint that now includes major locations in the United States, UK, Japan, India, Israel, and Ireland.
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