Renesas is expected to complete the acquisition of Stellan before the end of thi

On August 31, Renesas electronics, the main supplier of advanced semiconductor solutions, announced that it had reached a final agreement to acquire Stellan semiconductors private limited, an amorphous semiconductor company headquartered in Bangalore, India, in an all cash transaction.

According to the customary closing conditions, the acquisition is expected to be completed by the end of 2022. The statement said that the acquisition of radar technology from Stellan will enable Renesas to expand its influence in the radar market and help improve and upgrade its products related to automotive and industrial sensing solutions.

Image source: Official Website of Renesas

With the development of ADAS (advanced driving assistance system) in the automotive market, the demand for automotive sensor fusion continues to grow. By combining data from multiple sensors, such as cameras, radar and lidar (light detection and ranging), objects around the vehicle can be accurately and accurately detected. These radars can achieve accurate long-range object detection under harsh environmental conditions.

Therefore, radar is considered as an indispensable sensing technology for advanced driving assistance solutions (ADAS). It is expected that the number of radar sensors installed on vehicles will surge in the next five years. This growth potential has attracted a large number of players to join the track, and Rissa hopes to expand its automobile product portfolio by using the radar technology of sterian.

Hidetoshi Shibata, President and CEO of Renesas, said: "radar is an indispensable technology of ADAS, which uses a complex combination of multiple sensors. The addition of Stellan's excellent radar technology and engineering talents will enable us to expand our leadership position in the automotive field. We will also use their technology for industrial applications to promote our medium and long-term business growth in these two fields."

Founded in 2016, Stellan is a start-up enterprise with extensive expertise in radar technology. Its powerful 4D radar transceiver products cover the 76-81ghz band, and have advantages such as small size, high power and high integration. Since 2018, the two companies have been promoting cooperation, mainly focusing on industrial applications.

Through this cooperation, Renesas will use the design assets and expertise of sterian to develop its own automotive radar products, and plans to start shipping samples before the end of 2022. The company's goal is to develop a complete automotive radar solution, combining ADAS SOC (system on chip), power management IC (PICS) and timing products for processing radar signals with target recognition software. In general, these solutions will simplify the design of automotive radar systems and contribute to faster product development.

Over the past few years, Renesas has been expanding its connectivity and simulation products to complement its core processing products for embedded systems. Through the acquisition of sterian, Renesas will bring together the best equipment and software to meet the growing demand of automotive and industrial customers for sensor technology solutions.

Source: OFweek