ON Semi acquires Sound Design Technologies for $22million
ON Semiconductor has acquired privately held Sound Design Technologies (SDT) from an affiliate of Global Equity Capital for approximately $22million.
SDT is a designer and manufacturer of ultra-low-power semiconductor solutions for hearing aids and portable, battery powered dsp applications, and also a provider of advanced high density interconnect technologies used in custom miniaturised packages.
"The acquisition of Sound Design Technologies solidifies our position as a leading supplier of ultra-low-power digital signal processing technology for hearing aids and audio processing applications," said Robert Tong, vice president of ON Semi's Medical Division.
