Active Silicon and Solid State Embark on a New Chapter

Waterside Court, Active Silicon’s new operations facility (Source: Active Silicon)

Active Silicon Ltd has announced that it has been acquired by Solid State plc, the AIM listed manufacturer of computing, power and communications products, and value-added supplier of electronic and optoelectronic components. The transaction was completed Friday 26th February 2021. The initial consideration of £6.3M is being settled out of Solid State’s existing cash resources and banking facilities.

Solid State is a value-added electronics group supplying industrial and military markets with ruggedized and durable components, assemblies and manufactured units for use in harsh environments. Operating through two main divisions, Manufacturing (Steatite) and Value Added Supplies (Solid State Supplies and Pacer), the group specializes in complex engineering challenges often requiring design-in support and component sourcing for computing, power, communications, electronic and optoelectronic products.

Active Silicon’s expertise in the design, manufacture and supply of industry-leading vision components will enable Solid State to further their operations in the areas of machine and computer vision, and provides Active Silicon with greater potential to develop their embedded computing and AI capabilities. The timing of this acquisition fits perfectly with the expansion of their Harrier range of camera solutions, opening access for a wider and more diverse marketplace. Active Silicon will operate as an independent entity within the industrial computer product portfolio of Steatite’s manufacturing division.

Commenting on the acquisition, Colin Pearce, CEO of Active Silicon, said “We are pleased to become part of the Solid State Group and firmly believe the synergies of our embedded electronics expertise, combined with Solid State’s portfolio of computing platforms, will lead to an acceleration of our profitable growth in the expanding areas of AI and embedded computing in general. We’re grateful to all our customers who have placed their trust in us to deliver innovative, quality-driven vision components. This acquisition ensures that we’ll be able to continue to invest in the research and development needed to keep their vision systems evolving and adding value to their applications.” (Source: Active Silicon)

Further reading: Active Silicon Expands in the UK

Links: Active Silicon Ltd, Iver, United KingdomSolid State plc., Redditch, Worcestershire, UK

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