ON Semiconductor Corporation has announced the acquisition of SensL Technologies Ltd ("SensL"). The acquisition is expected to immediately increase ON Semiconductor's non-GAAP earnings per share. Ireland-based SensL is a technology leader specializing in Silicon Photomultipliers (SiPM), Single Photon Avalanche Diode (SPAD) and LiDAR sensing products for the automotive, medical, industrial and consumer markets. This acquisition positions ON Semiconductor to extend its market leadership in automotive sensing applications for ADAS and autonomous driving with expanded imaging, radar and LiDAR capabilities. By combining this acquisition in Ireland with previously acquired radar technology and design centers in Israel and the UK, ON Semiconductor is uniquely positioned to provide a complete suite of sensor solutions for highly autonomous next generation vehicles and consolidate its position as a leader in image. sensors and ultrasonic assistance for the park. In the second half of 2018, ON Semiconductor plans to bring to market samples incorporating technology from radar assets acquired in 2017.
"The entire SensL team, founded by Carl Jackson and led by Bryan Campbell, has done a great job bringing SiPMs to market and we look forward to expanding their success in the marketplace and continuing their product portfolio in LiDAR, medical imaging and detection. radiation ". said Taner Ozcelik, senior vice president and general manager of Image Sensor Group. "Automotive sensor fusion demand is growing at a rapid rate with the need for additional sensor technologies provided by the SensL team. Expanding our sensor technology assets and design capabilities in Ireland will allow us to expand our leadership. in established segments and meet new world-class solutions for emerging segments. "