Mesmic, Inc. (NASDAQ:MEMS) has announced that it will acquire select product lines, intellectual property, and fixed assets from Crossbow Technology, Inc. The acquisition will extend the companyu’s sensor integration and solution capabilities. It will also expand it’s product lines, and strengthen its sales and marketing capabilities.
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Crossbow engineers have joined Memsic’s global engineering team as part of the acquisition. The new members have added significant sensor system integration and solution talent. Selected sales and marketing personnel have also joined the company resulting in the expansion of the company’s reach, enabling a seamless transition for Crossbow’s customer base.
MEMSIC, Inc (MEMSIC) is a provider of semiconductor sensor systems solutions based on micro electromechanical systems (MEMS) technology and advanced integrated circuit design. The Company combine thermal-based MEMS technology and analog mixed signal processing circuitry design into a single chip using a standard complementary metal-oxide semiconductor, or CMOS, process. This process allows the creation of new sensors to expand into magnetic, touch and flow sensors, as well as other MEMS application areas beyond accelerometers.
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