Analog Devices has acquired privately held AudioAsics, a Danish company consisting of a team of developers of high-performance, low-power microphone and audio signal conditioning technology. ADI paid approximately $19 million in cash at the closing in exchange for all of the outstanding shares of AudioAsics. In addition, upon the achievement of certain milestones following the closing, ADI would be obligated to pay up to an additional $8 million.
AudioAsics was founded in 2003 as a privately held company in Roskilde, Denmark, with funding from Danish investors Vaekstfonden, SEED Capital Denmark, and Hvista. ADI expects to expand its presence in Denmark by creating a center of excellence for low-power audio implementation. Analog Devices also will maintain and expand AudioAsics’ facility in Bratislava, Slovakia. AudioAsics’ CEO, Michael Deruginsky, will remain with ADI working within ADI’s audio group.
AudioAsics designs low-voltage, low-power audio ASICs, including analog-to-analog and analog-to-digital pre-amplifiers for use in miniature microphones and receivers as well as high-performance analog-to-digital converters and speaker drivers. The acquisition enables Analog Devices to offer a complete portfolio of low-power audio products extending across the signal chain, including ADI’s SigmaDSP and Blackfin processors and Class D amplifiers.