Silicon Labs to Buy Ember for $72M for Internet of Things
The over-a-decade-old company that makes the building blocks - chips, gear and software - for ZigBee-based wireless networks is finally being acquired. Austin-based chip company Silicon Labs announced on Monday that it has acquired Boston-based Ember for $72 million.
Ember was founded back in 2001 and backed by Ethernet inventor Bob Metcalfe, with the idea to help build a low power wireless standard and chip technology to create sensor networks and the Internet of Things. More recently ZigBee has gained traction as the dominant wireless tech for smart meters