Silicon Mobility acquired by Intel
Backed by investment funds Cipio Partners and Capital-E, the company Silicon Mobility, based in Sophia Antipolis (Paca), has been acquired by Intel. In the bride’s basket, its precious SoC and energy efficiency management technologies for hybrid and electric vehicles.
Many French technological gems are succumbing to the sirens of American suppliers and/or investors (Alsid, Flexycore, Norskale, Scality, Sentryo…) and sometimes being simply acquired. This is the case once again for Silicon Mobility, a young French company – founded in 2015 – with its headquarters based in Sophia Antipolis (Paca), which has been acquired by Intel for an undisclosed amount. With offices also in the Silicon Valley and Germany (Munich), Silicon Mobility designs processor architectures tailored for electric and hybrid vehicles dedicated to the calculation and control of the energy efficiency of their batteries. As a fabless company, it is the originator of the SoC OLEA belonging to the category of FPCU (field programmable control unit) chips.
The SoCs of Silicon Mobility are equipped with advanced accelerators specially designed for energy delivery and co-designed with sophisticated software algorithms to achieve significant gains in vehicle energy efficiency. “The addition of Silicon Mobility’s technology portfolio will allow Intel to expand its reach in vehicles beyond high-performance computing to smart, programmable power devices. The acquisition is subject to the necessary approvals,” explained Intel in a statement. In addition to its SoC OLEA, Silicon Mobility has developed its own optimized energy efficiency algorithms and applications including APP HE for inverters, DC-DC converters, and on-board chargers for electric vehicles, as well as related tools and services to enable its customers to develop their applications.
Increasing energy efficiency of electrified powertrains by 50-70%
According to Silicon Mobility, by using its solutions, automotive suppliers and manufacturers significantly increase the energy efficiency of electrified powertrains by 50 to 70%, reduce the number of electronic components used, and decrease development cycle times. In 2018, the company notably managed to raise $10 million in a series B funding round from multiple investors including Cipio Partners and Capital-E. Since January 2020, it has been chaired by Rainer Kallenbach, previously the president of the connected mobility solutions division at Robert Bosch and CEO of Bosch Software Innovations.