News
Altair Semiconductor will be part of Sony Corporation
Altair Semiconductor, LTE chipset maker will be soon be part of Sony Corporation. Sony is expected to pay $212 million and complete the acquisition in early February. Given how LTE usage is spreading and how Internet of Things is gaining ground, this is a very good acquisition by Sony and will give them a distinct advantage over competition. Altair products are known for low power consumption and high performance. Once the formal clearances are done, Altair Semiconductor will be part of Sony Corporation.
Overview of Altair Semiconductor
Headquarters:
Hod Hasharon, Israel
CEO:
Oded Melamed
Employees:
Approximately 220
Subsidiaries:
Based in the U.S., China, Taiwan
Primary area of business:
Development and sale of LTE modem chips
