• Home
  • Trends
  • Company News
  • Product News
  • Fashion
  • Podcast
  • Events
  • About
  • Contact
  • January 19, 2021

Wearable Tech Insider

The Inside Word on Wearables and Wearable Technology

You are here: Home / Company News / Sensor Makers Combine, as TDK Buys Invensense

Sensor Makers Combine, as TDK Buys Invensense

December 21, 2016 By Dan Rosenbaum

invensense_logo4If your knowledge of TDK stopped at cassette tapes, your thinking is way out of date. The company is a market leader in magnetic sensors and actuators — particularly in the automotive and industrial markets — and is a big player in wireless charging. And today, it bought Invensense, which makes a very popular line of motion and environmental sensors.

Invensense is an important company in wearables and other consumer devices. Its six- and nine-axis motion detectors are routinely found in smartphones, cameras, gaming controllers, drones, and fitness bands. Other Invensense products include MEMS microphones and ultrasonic sensors.

TDK says it’s in the middle of a three-year plan to fatten its footprint in the automotive, manufacturing, and communications industries, including IoT. The company expects that it will be able to use Invensense technology in applications including indoor navigation, virtual and augmented reality, and advanced drive assistance systems.

The sale price was $1.3 billion, or $13 per share — about 20 percent above yesterday’s closing price.

We already had meetings booked with TDK and Invensense at next month’s CES. We’ll keep you posted.

Last updated by Dan Rosenbaum on February 1, 2017.

Share this:

  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Google
  • Email

Related

Filed Under: Company News, General News, Trends

← Valencell and STMicro Team For a Biometric Dev Kit Pokemon Go Comes to the Apple Watch →

Subscribe To Our Weekly Newsletter

Subscribe now to the Wearable Tech Insider's weekly news blast. You'll get links to the top half-dozen stories in the world of wearable tech, optimized for quick reading. It's the best way to read the Wearable Tech Insider; it's free and you can change your mind any time. And, of course, we'll never sell your name or e-mail address...

Search This Site

Recent Posts

New Use Case for Apple Watch: Red Sox Stealing Signs

Fossil Debuts Two Android Wear Smartwatches

Garmin Shows Three New Fitness Bands at IFA

Fitbit Ionic: Minimal Acceptable Product?

Intel (Finally) Ditches Wearables for AR

Don’t Believe Everything You Read: Wearables Are Far From Dead

Eyes F.lashing Before Your Life

Smarty Pants: Nadi X Yoga Leggings

Rings: How Smart Can They Be?

Upskill Closes Series B Financing, But Won’t Say How Much

Stories from Health Tech Insider

  • CES 2021: New Hearing Aids and AI Are Joined at the Chip
  • CES 2021: Small Remote Monitor Records Vitals and Sounds [video]
  • CES 2021: Award-Winning Hearing Aid Boasts Onboard Intelligence
  • CES 2021: New Smiling Robot Keeps Seniors Connected
  • CES 2021: New Smart Patch Stores Heart Data for 11 Days
  • New Program Lets Chemo Patients Stay Home with Remote Monitor

Topics

2013 android android wear apple apple watch apx labs basis battery CES ces2016 CES2017 epson finance fitbit fitness fossil fuelband garmin gear glass google healthkit intel iWatch jawbone LG market research microsoft misfit MWC15 nfc nike omate omsignal pebble recon samsung smartwatch sony sports tizen vuzix withings wristware wristwear

Sign up for Wearable Tech Insider

First name
Last name
* = required field

powered by MailChimp!

Subscribe now to the Wearable Tech Insider's weekly news blast. You'll get links to the top half-dozen stories in the world of wearable tech, optimized for quick reading. It's the best way to read the Wearable Tech Insider; it's free and you can change your mind any time. And, of course, we'll never sell your name or e-mail address...

Made in New York
Wearable Tech Insider is proud to be Made in NY.

All text © 2015 Center Ring Media

Privacy Policy

Center Ring Media Sites

Wearable Tech Insider
Seniortech Insider
Health Tech Insider

Copyright 2016 Center Ring Media | Site by JRMC

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.