Cypress Adds WICED to IoT Lineup

摘要

Although it is a leading supplier of microcontrollers, Cypress has been slow to target the Internet of Things. To expand its IoT efforts, the company has acquired Broadcom's IoT product line, known as WICED, for $550 million. The deal gives Cypress access to Broadcom's industry-leading Wi-Fi technology as well as a set of integrated Wi-Fi processors. These processors generated $189 million in revenue in the past year, mainly from wireless speakers and other digital-home products.