Hauppauge's SMSC buys Calif. audio-tech manufacturer
Hauppauge-based SMSC has bought a California audio technology maker whose wireless products are used in home theaters, cars, portable audio players, headphones and earbuds, the company said Thursday.
In a deal that closed Tuesday SMSC paid $5.5 million in cash for Kleer Semiconductor Corp., of Cupertino, Calif., with a potential added $2-million payment based on performance goals.
"Kleer technology provides a natural extension to SMSC's consumer and automotive connectivity portfolio," Christine King, SMSC's president and chief executive, said in a statement.
Kleer low-power consumption technology is already being used in Sennheiser headphones and earbuds, TDK TH-WR700 wireless headphones, DigiFi wireless earbuds and the CyFi bicycle speaker system.
Inside look at NUMC's aging infrastructure President and CEO of Nassau University Medical Center Thomas Stokes explains the problems caused by the aging infrastructure within the hospital. Newsday Associate Editor Joye Brown reports.
Inside look at NUMC's aging infrastructure President and CEO of Nassau University Medical Center Thomas Stokes explains the problems caused by the aging infrastructure within the hospital. Newsday Associate Editor Joye Brown reports.
