Renesas completed the acquisition of Panthronics.

Renesas, a supplier of advanced semiconductor solutions, completed the acquisition of Panthronics, an Austrian start up providing NFC solutions. Financial terms were not disclosed. “We are excited to welcome the Panthronics team to Renesas, and announce 13 Winning Combinations showcasing the technological synergy between the companies on the same day. These Winning Combinations unite Renesas’ broad range of embedded processing, power, connectivity, and analog portfolios with Panthronics’ NFC technology, providing customers with turnkey NFC solutions,” Sailesh Chittipeddi, Renesas Executive Vice President.