Acquired Electronics360

Industrial & Medical Technology

Semtech grabs Cisco-backed Smart Grid Startup

15 January 2015

Analog and mixed-signal chip company Semtech Corp. (Camarillo, Calif.) has announced it has acquired the assets and business of EnVerv Inc. (San Jose, Calif.), a privately held supplier of power line communications (PLC) and smart grid technology. In conjunction with the asset acquisition, the EnVerv team of employees has joined Semtech. Semtech said EnVerv's PLC technology would be complementary to its own long-range wireless communications technology LoRa.

PLC can be used for in-building distribution where wireless communications may have problems connecting. LoRa is the focus of a recently announced industry consortium that includes IBM and Cisco Systems (see IBM, Cisco Back Semtech's LoRa Radio for IoT).

Semtech did not disclose how much it has paid but EnVerv, founded in 2009, appeared to be a successful startup. EnVerv gained backing from Cisco Systems and United Microelectronics Corp. as well as venture capital firms New Enterprise Associates, Walden International Benchmark in a $15.4 million series C round of finance in March 2014 (see Cisco Backs Smart-Grid Modem Startup). That brought the money raised by EnVerv to more than $33 million.

EnVerv had developed multiple chipsets for low- and medium-voltage PLC for smart grid, monitoring and metering infrastructure. It has particular interest in supporting multiple PLC modem standards including G3-PLC, PRIME, S-FSK and its proprietary TurboPLC.

PLC via low and medium-voltage power lines provides a means for utility providers to implement smart metering and telecommunications service providers to implement home gateways. By putting EnVerv's PLC together with LoRa Semtech will be able to deliver a single platform that provides close to 100 percent network coverage for machine-to-machine and Internet of Things markets, Semtech said.

"PLC technology is highly complementary to our current wireless LoRa solutions and expands Semtech's available market beyond the industrial wireless segment into the industrial PLC market and the residential gateway market. We believe that the smart home and the smart grid are still in their early stages of global development, and having both PLC and wireless technologies positions us well to take advantage of both segments," said Mohan Maheswaran, CEO of Semtech, in a statement.

Questions or comments on this story? Contact dylan.mcgrath@ihs.com

Related links and articles:

www.semtech.com

IHS Connectivity and IoT research

News articles:

IBM, Cisco Back Semtech's LoRa Radio for IoT

Cisco Backs Smart-Grid Modem Startup

UK Joins SigFox's Global IoT Network Play

Sansa Security Joins Thread IoT Consortium

TI Expands Cloud IoT Ecosystem



Powered by CR4, the Engineering Community

Discussion – 0 comments

By posting a comment you confirm that you have read and accept our Posting Rules and Terms of Use.
Engineering Newsletter Signup
Get the Engineering360
Stay up to date on:
Features the top stories, latest news, charts, insights and more on the end-to-end electronics value chain.
Advertisement
Weekly Newsletter
Get news, research, and analysis
on the Electronics industry in your
inbox every week - for FREE
Sign up for our FREE eNewsletter
Advertisement

CALENDAR OF EVENTS

Date Event Location
30 Nov-01 Dec 2017 Helsinki, Finland
23-27 Apr 2018 Oklahoma City, Oklahoma
18-22 Jun 2018 Honolulu, Hawaii
Find Free Electronics Datasheets
Advertisement