Norwood, MA (02/25/2009) - Analog Devices, Inc. (ADI) has acquired power-line communications technology to add to its market-leading portfolio of products for energy-metering applications. Analog Devices has acquired the PowerBUS™ RHINO power-line communications technology and all related patents, hardware, and software from Domosys Corporation, a privately held company based in Quebec City, Canada. This technology is effective for the Advanced Metering Infrastructure (AMI) systems utilities need for “smart-grid” applications that acquire and communicate consumption information for electricity, gas, and water. AMI systems provide two-way meter communications, allowing instructions to be sent to residences for multiple purposes, including “real-time” pricing data, demand-response actions, or remote service disconnects.
Power-line communications can transform any stand-alone meter into a device that can be controlled or monitored either locally or remotely. Signals are sent and received over existing power lines or twisted-pair wires, reducing the need for the installation of new wires or the building of new infrastructure. ADI will develop new products incorporating the PowerBUS RHINO technology and announce these offerings under the Analog Devices brand later this year.
“The global demand for AMI applications has greatly increased in recent years, especially in China, North America, and Europe,” said Ronn Kliger, product line director, Energy Metering Products, Analog Devices. “The technology developed by Domosys provides ADI with an excellent foundation for expanding our energy-metering portfolio with new products for the growing AMI market as well as other markets that require no-new-wire communication systems.”
“The ADI acquisition of this technology is the culmination of Domosys’ research and development activities and is a testament to the superior quality of our technology,” said Alain Laflamme, president of Domosys Corporation. “This acquisition will build upon the successful collaboration the two companies have had over the past few years, and we are grateful to our customers and business partners who have supported our past activities. As an outcome of this divestiture, Domosys’ operations are ceasing immediately.”
Analog Devices in Energy Metering
Superior in quality, reliability, and performance, Analog Devices’ energy-metering ICs combine ADCs (analog-to-digital converters) with fixed-function DSPs (digital signal processors) to perform critical measurements, while providing unparalleled functionality and ease-of-use. Analog Devices offers a broad range of semiconductor solutions that solve design challenges in every aspect of metering systems, including energy measurement; data and power management; user interface; and RF, GSM/GPRS, and power-line carrier communication solutions. For more information, visit www.analog.com/energymeter.
Innovation, performance, and excellence are the cultural pillars on which Analog Devices has built one of the longest standing, highest growth companies within the technology sector. Acknowledged industry-wide as the world leader in data conversion and signal conditioning technology, Analog Devices serves over 60,000 customers, representing virtually all types of electronic equipment. Analog Devices is headquartered in Norwood, Massachusetts, with design and manufacturing facilities throughout the world. Analog Devices is included in the S&P 500 Index.
This press release contains forward-looking statements, which address a variety of subjects including, for example, the expected benefits of the acquisition of the PowerBUS RHINO power-line communications technology and related assets, and ADI's expected product development, technical advances and customer demand following the transaction. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Such statements are based on our current expectations and are subject to a number of factors and uncertainties, which could cause actual results to differ materially. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: the transaction may involve unexpected costs; the expected benefits of the transaction may not be achieved in a timely manner, or at all; the PowerBUS RHINO power-line communications technology may not be successfully integrated with ADI's technology following the closing; and ADI may be unable to achieve the expected product development and technical advances following the transaction. For additional information about factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to ADI's filings with the Securities and Exchange Commission, including the risk factors contained in ADI's most recent Annual Report on Form 10-K. Forward-looking statements represent management's current expectations and are inherently uncertain. We do not undertake any obligation to update forward-looking statements made by us.