Nexperia welcomes confirmation of Nowi acquisition
November 27, 2023Nijmegen -- Nexperia welcomes the conclusion made by the Ministry of Economic Affairs and Climate Policy in relation to the Vifo Act. After a long period of uncertainty, the acquisition of the Delft-based start-up Nowi is now final. The retrospective effect of the Vifo Act could only apply in relation to military or dual-use items. It is clear from their conclusion, that this is not the case for Nowi's products and technology. Nexperia acquired Nowi a year ago and is now able to further realize its ambitions in the Dutch chip ecosystem
Nexperia, headquartered in Nijmegen, is a leading global player in the large-scale production of basic semiconductors (chips) for commercial use. These products are basic components with a simple function that are necessary for electronic devices.
Nowi products are battery replacing chips for consumer applications. Nowi chips – which are linked to a solar cell, for example – ensure that surrounding energy can be used directly in simple devices such as remote controls or price tags in the supermarket. Nowi chips can charge a battery or replace it completely. In this way, Nexperia has the potential to replace billions of batteries and contribute to a more sustainable environment.
Charles Smit, Director of Nexperia Netherlands: "We are pleased that, after an period of uncertainty, there is finally clarity. It allows us to realise our ambitions in the Netherlands and our plans in the field of energy efficiency. While we've always said that Nowi's and Nexperia's technology is harmless, today's announcement confirms this. It is important that there is a clear policy that strengthens the Dutch investment climate. In these uncertain times, a transparent, fact-based dialogue between government and business is of paramount importance. We are fully committed to this."
Simon van der Jagt, co-founder and former CEO of Nowi: "Having access to the production, sales and marketing infrastructure of a major chip manufacturer enables us to bring products to market much faster and therefore have more impact. Our shared Dutch background and the mission to become more sustainable makes this a perfect combination. The team is therefore looking forward to further achieving our common goals in the coming years."
About Nexperia
Headquartered in the Netherlands, Nexperia is a global semiconductor company with a rich European history and over 15,000 employees across Europe, Asia, and the United States. As a leading expert, Nexperia designs, builds and delivers components that enable the basic functionality of virtually every commercial electronic design in the world – from automotive and industrial to mobile and consumer applications.
The company serves a global customer base, shipping more than 100 billion products annually. These products are recognized as benchmarks in efficiency – in process, size, power, and performance. Nexperia's commitment to innovation, efficiency, sustainability
Nexperia
Hannes Van Raemdonck
Head of Advocacy & Alliances
Email: hannes.van.raemdonck@nexperia.com