Dana on Data: The Missing AI-NPI Link
Beyond Design: Key SI Considerations for High-speed PCB Design
Elementary Mr. Watson: Ensuring a Smooth Handoff From PCB Design to Fabrication
Knowles Completes the Sale of Its Consumer MEMS Microphone Business to Syntiant
January 1, 2025 | BUSINESS WIREEstimated reading time: Less than a minute
Knowles Corporation, a leading manufacturer of specialty electronic components for innovative technologies, including capacitors, radio frequency (RF) filters, advanced medtech microphones, and balanced armature speakers, announced that the sale of its Consumer MEMS Microphones business to Syntiant Corp has closed.
"I am pleased to complete the transaction with Syntiant and I would like to thank the Consumer MEMS Microphone teams around the world for their dedication and commitment to the business and to Knowles’ customers throughout the years, " said Knowles Chief Executive Officer Jeffrey Niew. "This transaction represents another significant milestone in Knowles' transformation into a premier industrial technology company focusing on higher value markets where we can continue to drive value through our product design, process technology and our ability to customize solutions for customers at scale."
The closing represents the final step in Knowles evaluation of strategic alternatives for the business, which was first announced September 18, 2023. Jefferies LLC served as exclusive financial advisor to Knowles and Sidley Austin LLP served as legal counsel.
Share on:
Suggested Items
Audio Solutions: A Market Targeted by Giants
06/12/2017 | Yole DéveloppementMarket for MEMS microphones and ECMs , micro-speakers and audio ICs will be worth US$20 billion in 2022. Compared to 2006, the audio business is about to experience profound changes.
Revenue Growth Sounding Strong for Suppliers of Packaged MEMS Microphones
10/20/2016 | IHS Markit“Our updated analysis of 2015 MEMS microphone supplier market share, shows that Knowles remained the dominant supplier with more than two times the units and revenue of the second-place supplier, Goertek,” Boustany said. “In addition to offering a wide range of analog and digital output microphones for many applications, Knowles has also started shipping its VoiceIQ ‘intelligent’ microphones with local processing as it seeks to address both mobile and IOT applications.”