By Tricity News
Chandigarh
26th April:- Cyient
Limited (“Cyient”), a global provider of engineering, manufacturing,
geospatial, networks, and operations management services, today announced
that its step down subsidiary Cyient Europe Ltd. has acquired
AnSem N.V., a leading fabless, custom analog and mixed-signal
application-specific integrated circuits (ASICs)design
company. AnSem specializes in advanced analog, radio frequency, and
mixed-signal integrated circuit design and provides custom ASICs for clients
around the world across key industries, including automotive, medical,
industrial, smart home, and smart grid, with long-life applications of five to
ten years.
Incorporated in 1998 as a
spin-off of the University of Leuven and with the support of imec-
the research and innovation hub in nanoelectronics and digital technologies.
AnSem has a strong team of technical and domain experts and has established
itself as a well-known name in the field of analog and mixed-signal ASICs.
Headquartered in Leuven, Belgium, AnSem has been certified as an ISO 9001:2015
company with a strong focus on solving complex challenges. Through its proven
history of 100% first-time-functional designs, AnSem not only provides
significant cost savings, but also time-to-market benefits, making
this Cyient’s center of excellence. AnSem, has revenue of ~$10 Million
and20%+ operating margin.
Suman Narayan, Senior Vice President
for Semiconductor, IoT, and Analytics at Cyient said that AnSem’s
leading-edge, custom mixed-signal analog integrated circuit (IC) capability
allows Cyient to offer turnkey ICs, starting from concept circuit to final
production. Through this acquisition, Cyient can help its clients develop smart
analog sensors to capture data, while leveraging our IoT and
analytics solutions to provide actionable insights.
AnSem’s CEO and Co-founder,
Stefan Gogaert said that we are excited
to become a part of the Cyient family and expand our capabilities to a larger
customer base. He added that over the
years, AnSem has built an impeccable record of custom analog ASIC solutions
delivery, a long-term customer base, and an unparalleled capability to develop,
validate, and verify complex solutions. Thanks to this acquisition,our ability
to deliver the volume of ASICs that our customers need to stay ahead of the
competition will become even stronger.It also will enable us to be in the
leading position that we were already aiming for.
Ludo Deferm, Executive Vice President
at imec and member of the Board of Directors of AnSem said
that innovation is an integral part of imec’s culture, and
throughout the years, we have continuously supported regional start-up
activities related to microelectronics and nanoelectronics. AnSem is one of the
success stories that has grown to become a profitable company in analog, RF and
mixed-signal design with an international customer base.We are delighted with
the acquisition of AnSem by Cyient. This is a confirmation of AnSem’s business
value and the strength of the eco-system around imec. We are
hopeful that this acquisition is the beginning of a close collaboration between
Cyient and imec, as well as with other Flemish companies.