Valens Semiconductor (VLN) Acquires Acroname

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Valens Semiconductor Acquires Acroname, Bolstering its Innovative USB Offering for the Industrial Market

June 3, 2024 8:00 AM EDT

HOD HASHARON, Israel, June 3, 2024 /PRNewswire/ -- Today, Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, announced the acquisition of Acroname, a pioneering company specializing in advanced automation and control technologies. The acquisition enables Valens to expand its position in the industrial market with a holistic USB-focused offering that includes Valens' innovative USB extension chipsets, augmented by Acroname's unique technology and expertise. The... More