Atmel Corp. has announced the completed acquisition of Integrated Device Technology's (IDT) smart metering IC product lines and technologies, further enhancing Atmel's smart energy product portfolio. Terms of the transaction were not disclosed.
The acquisition includes IDT's Metrology analog front end and system-on-chip devices for single- and poly-phase energy meters. According to the companies, the smart metering IC product line offers single- and poly-phase measurement accuracy with better than 0.1% accuracy over 5000:1 dynamic range.
"Smart energy is a key focus for Atmel, and we are delighted that we have been able to expand our smart energy solutions portfolio with this acquisition," says Steve Laub, president and CEO of Atmel Corp. "By offering a broader, more integrated product portfolio, existing IDT and Atmel customers now have access to a more complete and compelling suite of smart energy solutions that will enable a wider range of applications."
