Renesas to Acquire Panthronics to Extend Connectivity Portfolio with Near-Field Communication Technology

Acquisitions

Summary

Fintech, such as mobile point-of-sale (mPoS) terminals and contactless payment, IoT, asset tracking, and wireless charging are highlights of NFC’s increasing presence. A leading global provider of microcontrollers, Renesas combines our expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions. These Winning Combinations accelerate time to market for automotive, industrial, infrastructure and IoT applications, enabling billions of connected, intelligent devices that enhance the way people work and live. These statements are based on assumptions and assessments made by Renesas and/or Panthronics (as applicable) in light of their experience and perception of historical trends, current conditions, future developments and other factors they believe appropriate. Neither Renesas nor Panthronics undertake any obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by applicable law.

Classifications

industries
Fintech & Banking
applications
AI & Machine learning

AskAI Classifications

Labels
No AI classifications detected

Linked Companies