Altera to acquire power semiconductor SoC company Enpirion
Altera has signed a definitive merger agreement to acquire DC-DC converter PowerSoC maker Enpirion. Ashraf Lotfi, founder and CEO of Enpirion, will serve as an Altera Fellow and chief technologist for Altera’s newly formed Power business unit.
“Power is increasingly a strategic choice for product differentiation in communications, computing and enterprise, and industrial applications,” said John Daane, president, CEO and chairman of Altera. “By adding a power group to Altera, we will bring even more value to system-level designs. Altera’s FPGA roadmap will be enhanced significantly with the addition of Enpirion’s power technologies.”
“Joining Altera will enhance the Enpirion team’s ability to solve tough power challenges,” said Lotfi. “Our leadership in high-efficiency power conversion solutions complements Altera’s leadership in FPGAs. Enpirion employees have built an innovative company, and we look forward to building upon this foundation with Altera.”