Renesas restructures to include IDT in single IoT division

March 26, 2019 //By Nick Flaherty
Renesas restructures to include IDT in single IoT division
Renesas Electronics is planning a significant restructuring following the completion of its acquisition of IDT on Friday, combining its industrial and general purpose product groups to address the Internet of Things (IoT).

The move will see Dr. Sailesh Chittipeddi, IDT’s Chief Technology Officer of IDT, take over as head of the new IoT and Infrastructure Business Unit (IIBU) that will start operation in July. This is being created from the merger of the current Industrial Solution Business Unit (IBU) and Broad-based Solution Business Unit (BBU). The only other product group in Renesas is the Automotive Solution Business Unit (ABU).

This follows the acquistion of Intersil in 2017 for key power management technology. The non-automotive products will be combined with the sensors, connectivity and wireless power expertise of IDT in IIBU. THis makes Dr Chittipeddi the only non-Japanese executive on the board of Renesas, and his remit is to accelerate the generation of synergies between digital and analog through consolidation of IBU and BBU as well as IDT’s integration.

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