The completion of the acquisition took place on November 11, 2022, as the shipments are to be shipped by early 2023.
Nexperia is known for its mass production of essential semiconductors and components needed for almost every electronic design. It has now announced a broadening of it’s power management products to include energy harvesting solutions.
Nexperia has thus acquired Netherlands-based Nowi. Combining the smallest PCB footprint, Nowi’s PMICs have less BOM cost. This partnership would enable Nexperia’s manufacturing capability such that Nowi can speed up the production of these alternative solutions.
Dan Jensen, General Manager of Business Group Analog & Logic ICs at Nexperia, “Nowi represents a strategically important investment because energy harvesting is the perfect complement to Nexperia’s existing power management capabilities. This decision means Nexperia can now offer customers a sustainable alternative to battery power for their products, that will be available in the market quickly. The team at Nowi has built a strong foundation on which we are only looking to build and facilitate the ability to scale – both from the production side, but also from the business and the team. We are excited to be bringing the Nowi team into the Nexperia family.”
Simon van der Jagt, Nowi B.V. CEO, “Becoming part of Nexperia makes sense on many levels. Having access to the fabrication, sales, and marketing infrastructure of a large semiconductor manufacturer will allow us to bring better products to market much faster. Our shared Dutch heritage will bring added synergy to future activities. The team is very excited about the future as part of Nexperia and together achieving our mission. We will be better together, stronger together.”
The completion of the acquisition took place on November 11, 2022, as the shipments are to be shipped by early 2023.
