Silicon Labs Buys ZigBee Module Supplier Telegesis for $20 Million Cash
SoC maker Silicon Labs closed Friday on the purchase of Telegesis, a British-based privately held supplier of ZigBee modules, for $20 million cash, Silicon Labs said in a Monday announcement. Silicon Labs thinks the acquisition will speed its execution of…
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the ZigBee “roadmap” for IoT and other applications, the company said.