ADI acquires SNAP Sensor to strengthen the lineup of IoT sensor products
Analog Devices (ADI) today announced the acquisition of SNAP Sensor SA, a Swiss-based private company specializing in highly innovative visual sensing technology. The acquisition will further enhance ADI's leadership in sensing and signal processing and create a platform-grade IoT solution such as ADI's award-winning Blackfin Low Power Imaging Platform (BLiP). Under challenging lighting conditions, SNAP Sensor's patented technology significantly improves the performance of existing optical sensors by ensuring accurate image detection. This technology dramatically improves sensing reliability and accuracy in a range of applications including inspection, identification and guidance. In addition, because a large part of the image management work is performed on the sensor, a cost-effective and low-power processor can be used in the design. Michael Murray, General Manager, ADI Industrial Sensing, said, "SNAP Sensor's leading optical technology, visual software and algorithms expertise enable us to continue to serve our customers in many IoT applications (eg building automation, building security, urban management, transportation). Create new possibilities in this and other applications. This acquisition will further enhance our sensor product lineup and ensure that we can assist our customers with the best possible outcomes for IoT solutions." The SNAP Sensor team will continue to stay in Switzerland in the future and will establish a new ADI R&D center and will continue to work closely with the Swiss research organization CSEM (). SNAP Sensor CEO Pascal Dorster said, “Our team is enthusiastic about joining ADI. This will provide us with the engineering, supply chain and commercial resources needed to accelerate growth and continue to drive the technology vision.â€
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