Renesas Electronics, a global supplier of semiconductor solutions, recently announced that it has reached a definitive agreement with the shareholders of Panthronics AG, a fabless semiconductor company focused on high-performance wireless products.

renesas

Acquired Panthronics in a cash transaction. The acquisition will enrich Renesas Electronics’ lineup of connectivity technologies and expand its business scope into high-demand near-field communication applications in financial technology, IOT, asset tracking, wireless charging and automotive applications.

NFC has become an important standard in the digital economy, touching every aspect of everyday life. Fintech such as mobile payment terminals and contactless payments, IOT, asset tracking and wireless charging are the focus of the growing adoption of NFC. Headquartered in Graz, Austria, Panthronics has been committed to providing easy-to-use, innovative, small and efficient advanced NFC chip sets and software for payment, IOT and NFC wireless charging.

Since 2018, Renesas Electronics and Panthronics have been working together as partners to address the growing demand for NFC. The acquisition of Panthronics will enable Renesas Electronics to have its own competitive NFC technology and immediately capture the growing emerging market opportunities for NFC.

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NFC Easy Connect Technology with Panthronics

Headquartered in Graz, Austria, Panthronics has been committed to providing easy-to-use, innovative, small and efficient advanced NFC chipsets and software for payment, IoT and NFC wireless charging. The two parties have been cooperating since 2018 and have launched four joint designs of NFC system solutions. These include solutions for mPoS terminals, wireless charging and electric vehicle wall chargers.

panthronics

Combining Panthronics’ NFC technology with Renesas’ broad product lineup and security features in microcontrollers (MCUs) and microprocessors (MPUs) will provide Renesas’ broad user base with options to create Innovative, market-ready NFC system solutions.

So far, Renesas and Panthronics have introduced four joint designs of NFC system solutions. These include solutions for mPoS terminals, wireless charging and electric vehicle wall chargers. The two companies have also developed an NFC connection board that is fully integrated into the Renesas Quick Connect Studio ecosystem, enabling users to quickly and easily add functionality to the MCU development board, enabling “plug and play” to add full-featured, High-end NFC connectivity.

Additionally, multiple systems for POS, IOT, wireless charging, and mobility are under development. In addition, the advantages of Panthronics technology are also expected to be used in Renesas Electronics’ automotive solutions, such as digital key management.

Hidetoshi Shibata, President and CEO of Renesas Electronics, said: “Renesas Electronics has always attached great importance to connectivity technology, which expands and differentiates the solutions we can provide. We see that Panthronics’ NFC connectivity technology will meet our needs. Customer demand in growing sectors spanning financial technology, IOT and automotive.”

The acquisition has been unanimously approved by Renesas Electronics’ board of directors and is expected to close by the end of 2023, subject to required regulatory approvals and customary closing conditions.

What is the NFC Easy Connect

NFC Easy Connect is an application developed by Sony that allows users to connect their Android devices via NFC (Near Field Communication) to other devices such as headphones, speakers, and cameras. NFC is a short-range wireless technology that allows for contactless communication between devices.

nfc easy connect

With NFC Easy Connect, users can simply touch their device to another NFC-enabled device to establish a connection. This eliminates the need for complicated pairing processes and passwords, making it quick and easy to connect to compatible devices.

To use NFC Easy Connect, both devices must have NFC enabled and the NFC Easy Connect app must be installed on the Android device. Once the devices are in close proximity, the user can initiate the connection by touching their device to the other device’s NFC area.

NFC Easy Connect can also be used to share information between devices, such as contact information, URLs, and text messages.

Summary and Outlook

In the future, the popularization of NFC technology will benefit many industries, and people will be more willing to enjoy the convenience brought by NFC technology. From cars to the living environment, to people’s clothes. NFC technology will also cover Internet fintech and logistics.

renesas chips

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