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MEMS microphone pioneer Akustica Inc. has been acquired by Robert Bosch North America and will become part of its MEMS division, Bosch Sensortec GmbH (Reutlingen, Germany). All of Pittsburgh-based Akustica's employees will be hired by Bosch, and the new company will continue to operate as an independent, wholly-owned subsidiary at Akustica's U.S. headquarters. Financial terms of the agreement were not disclosed. The companies claim that the MEMS market will reach $2.5 billion worldwide by 2012, and that the microphone market is fastest growing segment at annual rate of greater than 30 percent, which they say is on track to ship a billion units by 2012.
Text: http://www.eetimes.com/showArticle.jhtml?articleID=219400704