2.007 Billion RMB! Renesas Electronics Successfully Takeover Celeno
It is reported that on December 21, Renesas announced that as of December 20, 2021, they has successfully completed the acquisition of Celeno Communications, a provider of intelligent and innovative Wi-Fi solutions.
Celeno is a wireless network technology company that one of an important providor in offer wireless communication solutions. The acquisition cost about US$315 million (about RMB 2.007 billion). After the acquisition, the two companies will work together to provide users with comprehensive end-to-end solutions in IoT and infrastructure.
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