Swissbit strengthens growth strategy with the acquisition of Hyperstone
As a leading provider of flash controller solutions, Hyperstone will continue to provide controllers, firmware and reference designs to module suppliers and disk-on-board integrators around the world.Bronschhofen, Switzerland / Constance, Germany, December 11, 2020 – Swissbit Holding AG (Swissbit), a leading specialist provider of data-storage and embedded IoT solutions for industrial applications, announces the acquisition of Hyperstone GmbH, a leading supplier of flash memory controllers, from CML Microsystems Plc. Through the investment Swissbit boosts its value creation and technology competence and further strengthens its leading position as an independent European manufacturer of memory and security products. Joint development projects will focus on innovative solutions in the attractive growth market for security and embedded IoT. The two companies will work together to meet the rapidly growing demands from customers for data and device security in the Internet of Things with best-in-class products.
As a leading provider of flash controller solutions, Hyperstone will continue to provide controllers, firmware and reference designs to module suppliers and disk-on-board integrators around the world. "With Swissbit as an investor we are gaining a partner with a deep understanding of our markets and technologies. Based on this knowledge Hyperstone will be supported to invest, operate and grow independently in our market. All our customers will benefit from new products and a strong roadmap", says Dr. Jan Peter Berns, Managing Director at Hyperstone.
Download Full Press Release (English)
Download Full Press Release (German)