Renesas Electronics (TSE: 6723), a global semiconductor solution supplier, announced today that the shareholders of Panthronics AG ("Panthronics", a semiconductor company focusing on high -performance wireless products, reached the final agreement. According to the agreement, RENESAS ElectronicsThe wholly -owned subsidiary will acquire Panthronics through all cash transactions.The acquisition will enrich the connection technology product lineup of RENESAS Electronics and extend its business scope to the application field of high -field communication (NFC) applications with high demand (NFC) in fintech, Internet of Things, asset tracking, wireless charging, and automotive applications.

NFC has become the factual standard in the digital economy, and it touches all aspects of daily life.Mobile payment (MPOS) terminals and non -contact payment and other fintech, IoT, asset tracking and wireless charging are the focus of NFC.Panthronics is headquartered in Graz, Austria. It has been committed to providing an advanced NFC chipset and software that is easy to apply, innovate, small, and efficiently provides payment, the Internet of Things and NFC wireless charging.Since 2018, RENESAS Electronics and Panthronics have been working as partners to meet the growing NFC demand.The acquisition of Panthronics will enable Renesas Electronics to have a competitive NFC technology, and immediately seize the growing market opportunities of NFC.

Combining Panthronics's NFC technology with the safe function of the wide product lineup of Renesas Electronics and the microcontroller (MCU), microprocessor (MPU), will provide a variety of options for the majority of user groups of RENESAS Electronics to create innovative innovationsThe NFC system solution that can be launched immediately.So far, RENESAS and Panthronics have launched four joint designs of NFC system solutions.These include solutions for MPOS terminals, wireless charging and electric vehicle wall -mounted chargers.The two companies have also developed a NFC connecting board that is fully integrated into Renesas to quickly connect to the studio ecosystem. Users can quickly and easily develop functions to the MCU development board.NFC connection.In addition, many systems used for POS, Internet of Things, wireless charging and mobile are under development.In addition, the advantages of Panthronics technology are also expected to be used for RENESAS electronic car solutions, such as digital key management.

Renesas Electronic President and CEO Tibaita Yingli said: "RENESAS Electronics has always attached great importance to connecting technology. It expands the fields of solutions we can provide and realizes its differentiation.Covering the needs of continuous growth areas such as fintech, the Internet of Things and automobiles. "

The acquisition has been unanimously approved by the Renesas Electronics Board. It is expected to be completed by the end of 2023, but it is required to obtain the required regulatory approval and customary transaction conditions.

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