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Renesas Declares Complete Acquisition of Celeno

Renesas completed the transaction using approximately US$315 million with payment to be made gradually in cash following certain milestones as outlined in the definitive agreement.

Renesas Electronics Corporation has successfully acquired Celeno Communications, the leading provider of smart, innovative Wi-Fi solutions, as of December 20, 2021.

Renesas CelenoRenesas completed the transaction using approximately US$315 million (approximately 35.9 billion yen at an exchange rate of 114 yen to the dollar) with payment to be made gradually in cash following certain milestones as outlined in the definitive agreement.

Headquartered in Israel, Celeno offers a wide range of wireless communication solutions, including advanced Wi-Fi chipsets and software solutions, for high-performance home networks, smart buildings, enterprise and industrial markets.

Its industry’s most compact chipset offerings for Wi-Fi 6 and 6E deliver exceptional Wi-Fi network performance and increased security with low latency and low power consumption.

With the addition of Celeno’s industry-leading Wi-Fi technologies and software expertise, Renesas will significantly enhance its connectivity portfolio. In addition, these technologies, combined with Renesas’ offering of MCU/MPU/SoC processors, wireless ICs, sensors and power management technologies, create comprehensive, end-to-end connectivity solutions for both clients and access points addressing IoT, infrastructure, industrial and automotive applications.

With the transaction now closed, Celeno became a wholly-owned subsidiary of Renesas.

The addition of Celeno’s design center in Israel and welcoming R&D staff will further strengthen Renesas’ global engineering and software development talent base, allowing Renesas to bring more seamless and expanded services to customers around the globe.

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Aishwarya Saxena

A book geek, with creative mind, an electronics degree, and zealous for writing.Creativity is the one thing in her opinion which drove her to enter into editing field. Allured towards south Indian cuisine and culture, love to discover new cultures and their customs. Relishes in discovering new music genres.

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