Market Insight

Portable & LBS Update: InvenSense enhances Hardware and Software capabilities with acquisitions

July 09, 2014  | Subscribers Only

Gerrit Schneemann Gerrit Schneemann Sr Research Analyst, Smartphone

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With the planned acquisitions of Movea and Trusted Positioning for $81 Million in cash and stock, InvenSense is enhancing its motion sensing and location tracking solutions. The goal of the acquisitions is to enable system-on-chips solutions which can provide always-on location and motion sensing capabilities to contextual applications and services, while at the same time raising the value of InvenSense technology in a market facing increasing commoditization.

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Mobile & Telecom
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