On October 27, Analog Devices, Inc. announced the acquisition of Innovasic Inc., a leading provider of deterministic Ethernet semiconductors and software solutions. Upon completion of the acquisition, Analog Devices has a complete portfolio of multi-protocol industrial Ethernet solutions and adds key companion technologies to the portfolio of ADI's intelligent automation solutions for industrial automation and industrial Internet of Things (IoT).
At present, the industrial automation market is gradually shifting from serial fieldbus to Ethernet connection. At the same time, the industrial Internet of Things is becoming more and more popular, and sensitive industrial automation applications require highly reliable real-time Ethernet connections. ADI's acquisition of Innovasic immediately provides customers with a complete range of innovative solutions for industrial Ethernet applications while building the industry's best technology roadmap to meet future connectivity needs such as industrial IoT. These solutions will further complement ADI's existing high-performance industrial automation solutions, including software configurable IO, field instrumentation, and high-efficiency servo drive systems.
Our automation customers require highly reliable, synchronous network technology to support applications such as automotive manufacturing that require multiple groups of robots to work together in an orderly manner under harsh and noisy conditions. These customers are also striving to use Ethernet more widely in the upcoming industrial Internet of Things to increase operational efficiency and reduce costs. The IEEE (Institute of Electrical and Electronics Engineers) has clarified that in order for Ethernet to meet the deterministic needs of emerging applications, new standards need to be implemented. To this end, the IEEE is developing a new time-sensitive network (TSN) standard. Innovasic's technology not only solves current industrial Ethernet problems, but also meets some of the early requirements of the new IEEE TSN standard. With the acquisition of Innovasic, ADI can help customers build a path from sensor to future industrial IoT connectivity.
——General Manager, Automation Business Unit, Analog Devices
Kevin Carlin
The Innovasic team will join Analog Devices' industrial automation business unit as the core technology group responsible for developing the company's deterministic Ethernet technology solutions and continuing to provide industrial customers with a longer-lived semiconductor portfolio. The Innovasic team will be led by its co-founder and COO Jordon Woods, who is still based in Albuquerque, New Mexico, USA.
We are excited to join Analog Devices as part of our 'smart automation' solution. Both Innovasic and ADI are committed to helping customers solve the most challenging technical challenges and deliver products with very long life cycles to meet the unique needs of the industrial market. Now, through strong alliances, we can solve our customers' communication needs more effectively and efficiently, and help them cope with the world's most demanding industrial automation environment.
- Co-founder of the Innovasic team
And Chief Operating Officer Jordon Woods
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