Conversion acquisition

Chelmsford based e2v technologies has bought Signal Processing Devices Sweden for $18million. SP Devices provides high performance subsystem solutions for A/D conversion applications in such sectors as industrial test and measurement, healthcare, communications and science. According to e2v, the acquisition also brings a range of patented technology which complements its broadband data converter business.

According to e2v’s CEO, Steve Blair, semiconductors is one of four priority areas for investment. “We believe we can expand the business through developing signal path subsystem solutions for our customers and SP Devices accelerates this strategy, bringing A/D conversion capabilities protected by proprietary IP.”