Analog Devices buys Snap Sensor to boost IoT vision offering
March 24, 2016
Semiconductor company Analog Devices has acquired Snap Sensor, a privately held company based in Switzerland that specialises in vision sensing technologies. The acquisition will advance the Massachusetts company’s position in sensing and signal processing and build upon platform-level IoT products such as its Blackfin Blip low-power imaging platform.
Snap Sensor’s patented technology offers improvements to existing optical sensors by ensuring accurate image detection in difficult lighting conditions. It improves sensing reliability and accuracy in a range of detection, identification and guidance uses. In addition, much of the image management is performed on the sensor, enabling the use of affordable and lower power processors.
“Snap Sensor’s cutting-edge optical technology and vision software and algorithm expertise allow us to continue unlocking new possibilities for our customers in a wide range of IoT applications such as building automation, building security, city management, transportation and more,” said Michael Murray, general manager of industrial sensing at Analog Devices. “This acquisition further enhances our sensing portfolio and ensures that we’re helping customers realise the best possible outcomes from the IoT.”
The Snap Sensor team will remain in Switzerland to establish a new Analog Devices R&D centre and continue its close collaboration with the Swiss research and technology organisation CSEM.
“Our team is very enthusiastic about joining Analog Devices,” said Pascal Dorster, CEO of Snap Sensor. “This provides us access to the engineering, supply-chain and commercialisation resources needed to accelerate our growth and continue advancing our technology vision.”