Active Silicon acquired by Solid State Plc
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 ruggedised 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 specialises 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.
