Microchip Technology has recently completed the acquisition of VSI Co. Ltd., a company based in Seoul, Korea. Although the specific details of the acquisition have not been disclosed, the move is part of Microchip’s strategic efforts to strengthen its position as a leader in the automotive networking industry.
Mitch Obolsky, Senior Vice President of Microchip’s automotive products, networking, and data center business units, expressed enthusiasm about the acquisition, stating that it brings VSI’s expertise, market traction, and ASA Motion Link technologies and products into Microchip’s already extensive automotive networking portfolio. This integration is intended to better serve the Advanced Driver Assistance Systems (ADAS) megatrend that the company is prioritizing.
Obolsky also highlighted the significance of the automotive industry’s focus on three primary In-Vehicle Networking (IVN) pillars: Ethernet, PCIe, and ASA Motion Link. He emphasized that the market for camera and display connectivity within the IVN sector is among the fastest-growing and largest, making it a critical area of development. With the inclusion of VSI, Microchip is now positioned to offer products that span all three IVN pillars, in addition to providing automotive security, microcontrollers, motor control, touch, and power management solutions. These offerings are designed to enable the development of next-generation software-defined vehicle architectures for Microchip’s customers.
The completed acquisition of VSI Co. Ltd. not only aligns with Microchip’s objectives to strengthen its presence in the automotive networking market but also complements its recent initiatives. These initiatives include the launch of the AVR-DU family of microcontrollers, the introduction of enhanced code protection and up to 15W of power delivery within its USB microcontroller portfolio, as well as the deepened partnership with TSMC to expand 40nm manufacturing capacity.
The decision to acquire VSI Co. Ltd. underscores Microchip’s commitment to innovation and its dedication to catering to the evolving needs of the automotive industry. By harnessing the technological capabilities and market relevance of VSI, Microchip aims to not only extend its automotive networking market leadership but also to contribute to the advancement of automotive connectivity and digital cockpit solutions.
In conclusion, Microchip’s acquisition of VSI Co. Ltd. signals a significant advancement in the company’s efforts to fortify its position as a key player in the automotive networking industry. The integration of VSI’s technologies and products into Microchip’s portfolio is poised to yield impactful developments that align with the industry’s trajectory towards next-generation vehicle architectures.