DSP group acquires noise cancelling technology provider SoundChip for $14.5M.
“The global pandemic has created extensive challenges for businesses and consumers worldwide, but it has also intersected with DSP Group’s business initiatives, presenting significant new opportunities. Major trends, including work from home, remote communications, and voice as a user interface, all emphasize the need for robust, integrated, and highly optimized state-of-the-art voice and connectivity solutions.”
Ofer Elyakim, CEO of DSP Group
This acquisition makes DSP the premier provider in the rapidly growing smart-hearables market.