RT-140 Compact Root of Trust for IoT, IIoT and cloud-connected devices, sensors, gateways
Aricent Acquires SmartPlay - Accelerates R&D for Semiconductors, Embedded Systems and Internet of Things
Deal Makes Aricent #1 in Semiconductor Engineering Services
REDWOOD CITY, Calif. – August 11, 2015 – Aricent today announced the acquisition of SmartPlay Technologies, a fast-growing product engineering services firm with 1,200-plus employees and deep design expertise across semiconductors, embedded software and system design. Financial terms were not disclosed.
The acquisition immediately establishes Aricent as the #1 product engineering services firm in the semiconductor market, with more than 2,000 combined experts and relationships with 17 of the top 20 semiconductor companies. It also expands Aricent’s services and expertise to help the world’s top innovators accelerate development of software, hardware and network products for the Internet of Things.
Pradeep Vajram, co-founder and CEO of SmartPlay, will take on a new role as president of Aricent’s Semiconductor Business Unit. He reports to Frank Kern, Aricent’s chief executive officer.
“SmartPlay has built a very impressive business over the last seven years, and we’re excited to welcome them to the Aricent family,” said Kern. “Our combined expertise in silicon, software and connectivity will help propel product development for our clients in some of the most exciting technology areas – working across automotive, consumer electronics, industrial automation, semiconductor and other industries.”
SmartPlay is one of the world’s fastest-growing services firms with 1,200 employees in India, Germany, Singapore and the U.S. It serves 80% of the top 20 semiconductor companies and received the Mentor Graphics Leadership Award for Best Electronics System Design Start-up. It was also ranked as a top employer in the 2015 Great Places to Work survey in India.
“Joining Aricent is a great cultural fit for the SmartPlay team, given our shared belief in high-quality, high-value product engineering services,” said Vajram. “We can now deliver a more powerful proposition to clients across industries that need smart silicon and embedded software to accelerate their R&D initiatives.”
Vajram brings 25 years of semiconductor industry experience to Aricent, having executed design and development of semiconductor products at all levels of responsibility. Prior to co-founding SmartPlay, Vajram was vice president of engineering at Qualcomm. Under his leadership, the Qualcomm Bangalore Design Center developed as a strong center of excellence with multiple successful products.
Today’s acquisition expands Aricent’s 10,000-person engineering team and deepens its diversification strategy, which has helped it become one of the top 10 leaders in Global R&D Services – with recognized depth across nine industries: Telecommunications, Networking, Consumer Electronics, Industrial Automation, Semiconductor, Automotive, Internet Services, Consumer & Enterprise Software and Media & Entertainment.
Speaking of this acquisition, Pari Natarajan, CEO of Zinnov, a leading globalization and market expansion advisory firm said - “Next generation IOT solutions require a combination of deep usability/design, communication, software, semiconductor and embedded capabilities. This acquisition has helped Aricent to become a leader in building IOT solutions and provide end to end product engineering services to customers across industry verticals.”
About Aricent
Aricent is the world’s #1 pure-play product engineering services firm. The company has 20-plus years experience co-creating ambitious products with the top networking, telecom, software, semiconductor, Internet and industrial companies. The firm's 10,000-plus engineers focus exclusively on software-powered innovation for the connected world. Key investors are KKR & Co. LP and Sequoia Capital.
|
Related News
- Synopsys' embARC Open Software Platform Accelerates Development of ARC-based Embedded Systems for the Internet of Things
- CEVA Acquires RivieraWaves, Expands IP Offering with Connectivity for Smartphones, Tablets, Small Cells and the Internet of Things
- ARM Acquires Sensinode Oy to Accelerate the Internet of Things and Support 30 Billion Connected Devices by 2020
- ST Engineering Acquires D'Crypt to Strengthen its Cyber Capabilities
- CEVA Acquires Spatial Audio Business from VisiSonics to Expand its Application Software Portfolio for Embedded Systems targeting Hearables and other Consumer IoT Markets
Breaking News
- Vector Informatik and Synopsys Announce Strategic Collaboration to Advance Software-Defined Vehicle Development
- Allegro DVT Launches its First AI-Based Neural Video Processing IP
- Weebit Nano fully qualifies ReRAM module to AEC-Q100 for automotive applications
- Rambus Enhances Data Center and AI Protection with Next-Gen CryptoManager Security IP Solutions
- Crypto Quantique demonstrating device security platform that accelerates CRA-compliant development
Most Popular
- Axelera AI Secures up to €61.6 Million Grant to Develop Scalable AI Chiplet for High-Performance Computing
- Arm vs. Qualcomm: The Legal Tussle Continues
- Baya Systems Revolutionizes AI Scale-Up and Scale-Out with NeuraScale™ Fabric
- Synopsys Introduces Virtualizer Native Execution on Arm Hardware to Accelerate Software-defined Product Development
- Imagination GPU Powers Renesas R-Car Gen 5 SoC
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |