One Equity-backed Allegro MicroSystems completed the acquisition of Voxtel.

One Equity-backed Allegro MicroSystems, a provider of sensing and power semiconductor technology, completed the acquisition of Voxtel, a privately held company specializing in advanced photonic and 3D imaging technology. Financial terms were not disclosed. "Allegro is a market leader in magnetic sensors for the automotive market. Annually, we ship more than 1bn devices into automotive systems – 100m of which are shipped into advanced automotive safety systems, including semi-autonomous vehicle systems. Our experience, scale and design for quality uniquely position us to enhance the Voxtel LiDAR portfolio for ADAS applications, aiming to make LiDAR systems safer, cost-effective, and widely adopted features in the cars of the future," Ravi Vig, Allegro CEO.