VSI Co. Ltd., a pioneer in automotive ADAS and digital cockpit connectivity, has been acquired by Microchip to expand its market leadership in automotive networking.
ResourcesHigh-res images available through Flickr or editorial contact (feel free to publish): Application image: Cautionary Statement: The statements in this release relating to the acquisition of ADAS and Digital Cockpit Connectivity Pioneer VSI Inc.being able to extend our automotive networking market leadership; that adding ASA Motion Link technology to Microchip’s broad Ethernet and PCIe automotive networking portfolio will enable next-generation software-defined vehicles, that the market size of automotive radar, camera and LiDAR modules is expected to grow by greater than two times between 2022 to 2028 to $27B in revenue; that the increased adoption of Advanced Driver Assistance Systems (ADAS), in-cabin monitoring, safety and convenience features (e.g., 360-degree surround view, e-mirrors) and multi-screen digital cockpits for next-generation software- defined vehicles (SDV) will require more highly asymmetric raw data and video links and higher bandwidths making current, proprietary serializer/deserializer (SerDes) based solutions no longer adequate, both commercially and technically; that this acquisition will allow the companies to better serve the ADAS megatrend; that with VSI, Microchip can now offer products that span Ethernet, PCIe and ASA motion link, and also provide automotive security, microcontrollers, motor control, touch and power management solutions to customers to enable their next-generation software-defined vehicle architectures; that the upcoming specification update will enable ASA-ML to support Ethernet based architectures; that we will successfully deploy our solutions in production vehicles for years to come; and that BMW will shift to using standardized ASA-ML for upcoming start of productions are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Acquisition adds ASA Motion Link technology to Microchip’s broad Ethernet and PCIe® automotive networking portfolio to enable next-generation software-defined vehiclesCHANDLER, Ariz., April 11, 2024 (GLOBE NEWSWIRE) -- Microchip Technology Inc.(Nasdaq: MCHP) today announces the completed acquisition of Seoul, Korea-based VSI Co.Ltd., an industry pioneer in providing high-speed, asymmetric, camera, sensor and display connectivity technologies and products based on the Automotive SerDes Alliance (ASA) open standard for in-vehicle networking (IVN).
With VSI, Microchip can now offer products that span all three pillars and also provide automotive security, microcontrollers, motor control, touch and power management solutions to our customers to enable their next-generation software-defined vehicle architectures.” Today, ASA has over 145 members, including Microchip who is a promoter member.
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