LONDON, March 1, 2021 — Electronic components manufacturer Solid State acquired Active Silicon, a designer and manufacturer of imaging products for computer imaging and the processing of image data. The purchase cost was for an initial cash consideration of $7.6 million (£6.3 million).
The combined company expands its ability to meet the demands of next-generation technologies that rely on machine vision, autonomy, edge computing, internet of things (IoT), and artificial intelligence (AI). Solid State, according to a press release, will combine Active Silicon’s expertise and technology with the industrial computer product portfolio from its Steatite manufacturing division, enabling the new company to address the growing demand for 3D vision and robotic applications, as well as the increased requirements for embedded machine vision and edge AI computing products.
Active Silicon will continue to operate under its existing name. Sales, production, and customer support will continue without interruption or change.