Renesas Electronics Completes Acquisition of Steradian

On October 17, 2022, according to media reports, Renesas Electronics, a global semiconductor solutions provider, announced that as of October 17, 2022, it has completed the acquisition of Steradian Semiconductors Private Limited (“Steradian Semiconductors Private Limited”), a fabless semiconductor company providing 4D imaging radar solutions. Steradian").

Headquartered in Bangalore, India, Steradian is a start-up company established in 2016 that provides radar solutions that enable high-precision object recognition and power efficiency in a small form factor. Radar is a critical technology for ADAS, which utilizes a complex combination of sensors in vehicles to detect objects. Renesas Electronics plans to leverage Steradian's radar technology to expand its automotive product portfolio and expand its presence in the radar market by leveraging the high growth opportunities offered by the automotive radar market.

The resulting automotive radar solution will combine new automotive radar products, Renesas' ADAS SoC (system-on-chip) for processing radar signals, power management ICs (PMICs) and timing products, and software for object recognition. These solutions will simplify automotive radar system design and help accelerate product development.

After the acquisition, Steradian has become a wholly-owned subsidiary of Renesas Electronics. Combining Steradian's outstanding radar technology and engineering talent will enhance Renesas' sensing solutions across a wide range of applications, including industrial systems. Renesas Electronics will bring together a superior product portfolio and software to meet the growing demand for sensor technology solutions and continue to work to make design work easier for engineers.