RCL is pleased to announce the sale of Nowi B.V., a world-class provider of Energy Harvesting and Power Management solutions, to Nexperia.
Nexperia Invests in Sustainable Alternatives to Batteries by Buying Nowi B.V.*
Nexperia announced that it has agreed to acquire Nowi B.V., a technology firm that is pioneering new Energy Harvesting and Power Management Integrated Circuits (PMICs).
Nexperia, the expert in essential semiconductors, today announced a broadening to its portfolio of power management products to include energy harvesting solutions. Energy can be harvested from light, vibrations, radio waves or temperature gradients and can therefore be used to replace batteries in low-power applications like smart wearables and autonomous wireless sensor nodes.
The expansion of Nexperia’s expertise comes through its acquisition of Netherlands-based Nowi, founded in 2016. Nowi’s PMICs combine the smallest PCB footprint with the lowest BOM cost and the best average harvesting performance. The manufacturing capacity and capability of Nexperia as well as its global infrastructure will ensure that, together, Nowi will be able to speed the production of these solutions, enabling higher volume production and shipping by the end of 2022 and early 2023.
“Nowi represents a strategically important investment because energy harvesting is the perfect complement to Nexperia’s existing power management capabilities,” said Dan Jensen, General Manager Business Group Analog & Logic ICs at Nexperia. “This decision means Nexperia can now offer customers a sustainable alternative to battery power for their products that will be available in the market quickly. The team at Nowi has built a strong foundation on which we are only looking to build and facilitate the ability to scale – not only from the production side, but also the business and the team. We are excited to be bringing the Nowi team into the Nexperia family.”
“Becoming part of Nexperia makes sense on many levels,” according to Simon van der Jagt, Nowi CEO. “Having access to the fabrication, sales and marketing infrastructure of a large semiconductor manufacturer will allow us to bring better products to market much faster. Our shared Dutch heritage will bring added synergy to future activities. The team is very excited about the future as part of Nexperia and together achieving our mission. We will be better together, stronger together.”
Nexperia is a leading expert in the high-volume production of essential semiconductors, components that are required by every electronic design in the world. The company’s extensive portfolio includes diodes, bipolar transistors, ESD protection devices, MOSFETs, GaN FETs and analog & logic ICs.
Headquartered in Nijmegen, the Netherlands, Nexperia annually ships more than 100 billion products, meeting the stringent standards set by the automotive industry. These products are recognized as benchmarks in efficiency – in process, size, power and performance – with industry-leading small packages that save valuable energy and space.
With decades of experience in supplying to the world’s leading companies, Nexperia has over 14,000 employees across Asia, Europe and the US. Nexperia, a subsidiary of Wingtech Technology Co., Ltd. (600745.SS), has an extensive IP portfolio and is certified to IATF 16949, ISO 9001, ISO 14001 and ISO 45001.
For more information, visit www.nexperia.com.
Nowi is a private semiconductor firm founded in 2016, based in Delft, the Netherlands.
Nowi has developed a novel energy harvesting power management IC that combines top harvesting performance with the world’s smallest assembly footprint and lowest BOM cost. Thereby it simplifies the design process and lowers the threshold for any company to develop ‘Plug & Forget’ products.
For more information, visit www.nowi-energy.com.
About Renevo Capital
RCL represented Nowi B.V. as its exclusive adviser in this transaction.
RCL is an international investment bank, headquartered in London with regional offices in Lisbon, San Francisco, Beijing and Shanghai, specialising in cross-border M&A and private capital advisory services for growth technology companies. The RCL team is composed of experienced investment bankers — a unique mix of former entrepreneurs, senior executives and finance professionals — who have started and led businesses to successful exit and have run publicly listed companies. With a professionally trained team of expert negotiators, leading deliberations alongside the world’s largest marquee-brand companies, RCL is committed to closing transactions that deliver maximum value and superior returns for its clients. RCL is registered with and regulated by the Financial Conduct Authority (FCA) in the United Kingdom and the CMVM in Portugal.
For more information, visit www.renevocap.com
Per Selbekk Mike Powell
RCL – Lisbon office RCL – London office
*Quoted from Nexperia’s press release