Valens Semiconductor completes acquisition of Acroname, expanding its USB offering for the industrial market
Acquiring Company
Valens
Acquired Company
Acroname
Hod Hasharon
BoulderManufacturingManufacturingSoftwareDescription
Valens Semiconductor, a leader in high-performance connectivity, has announced the acquisition of Acroname, a pioneering company specializing in advanced automation and control technologies. This acquisition enables Valens to expand its position in the industrial market with a holistic USB-focused offering that includes Valens' innovative USB extension chipsets, augmented by Acroname's unique technology and expertise, creating new opportunities for innovative solutions in the industrial machine vision, test automation, and other markets affected by the limitations of USB.
Quick answer
Valens is acquiring Acroname, announced June 3, 2024. Valens is based in Hod Hasharon, Center District, Israel.
- How much did Valens pay for Acroname?
- The deal value was not disclosed.
- What does Valens do?
- Valens Semiconductor (NYSE: VLN) is a leader in high-performance connectivity, enabling customers to transform the digital experiences of people worldwide.
- Where are Valens and Acroname based?
- Valens is based in Hod Hasharon, Center District, Israel. Acroname is based in Boulder, Colorado, United States.
- Who are the decision-makers at Valens?
- Fundz holds 2 contacts at Valens. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Acroname?
Acroname was acquired by Valens, based in Hod Hasharon. The deal was reported on June 3, 2024. Valens Semiconductor (NYSE: VLN) is a leader in high-performance connectivity, enabling customers to transform the digital experiences of people worldwide. Valens is privately held and operates in Manufacturing.
When did Valens acquire Acroname?
Valens's acquisition of Acroname was reported on June 3, 2024. Valens Semiconductor, a leader in high-performance connectivity, has announced the acquisition of Acroname, a pioneering company specializing in advanced automation and control technologies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Acroname do?
Acroname is a pioneering company founded in 1994, specializing in advanced automation and control technologies. It is privately held, operating in Manufacturing, and is based in Boulder.
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