Skorpios Technologies, a system on chip (SoC) specialist, announced this week that it has acquired Novati Technologies, a semiconductor and MEMS integration company whose fab is located in Austin, Texas. The acquisition closed this week for an undisclosed amount. This acquisition gives Skorpios the ability to better meet growing customer demand via vertical integration of its proprietary heterogeneous integration process by increasing volume throughput and allowing control of its critical supply chain. Skorpios said that it expects to now have decreased fab cycle times by providing access to focused production lines in the foundry. As a result, the company expects to have a faster time to market as well expediting development of new products, resulting in accelerated revenue realization.
"This transaction marks an exciting time in Skorpios' history," said Stephen Krasulick, chairman, founder and CEO of Skorpios. "The ability to develop and commercialize products based on our proprietary heterogeneous integration process in our own foundry is the next logical step in the evolution of our company. With this acquisition, Skorpios will be well positioned to deliver highly differentiated products with shorter development cycles. We believe there are tremendous synergies between Skorpios' heterogeneous integration platform and the technologies currently being developed and offered at Novati."
Novati's Austin, Texas facility is known for its innovative work in 2.5D/3D integration, photonics, MEMS sensors, and microfluidics for medical applications. Prior to the acquisition, Skorpios had developed its heterogeneous integration process in collaboration with Novati, and was building its ICs in Novati's foundry. After the acquisition, Skorpios will immediately ramp up production, starting with its 100Gb QSFP CWDM4 product.
"Novati's highly customized fab solutions are uniquely positioned to support the revolutionary Skorpios products. I am thrilled to deliver products and services that leverage the strengths of the combined organization," said John Hamma, Senior Vice President, Services Business Unit of Skorpios.
"I look forward to welcoming Novati to the Skorpios family, and working closely with our new team members to deliver innovative products that delight our customers," said Stephen Krasulick.
Skorpios is a semiconductor company delivering highly integrated products based upon its proprietary, wafer-scale, heterogeneous integration process. This novel process leverages the existing silicon manufacturing ecosystem to enable high bandwidth interconnectivity at mature CMOS manufacturing costs. Skorpios' platform can be used to address a wide range of applications such as high speed video, data and voice communications for networking, cloud computing, consumer, medical, and more.
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