Page 2 - Austin Based Silicon Labs News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Illinois man dies of rabies after bat bites him while he s sleeping
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Texas startups mount abortion ban fight on their own, without backing from big tech
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Tyson Tuttle, key Austin tech leader, to step aside as CEO of Silicon Labs
Tyson Tuttle, a longtime executive of Austin-based Silicon Labs, is retiring and stepping down as CEO as the company doubles down on its Internet of Things business.
Tuttle, who has been CEO since 2012, will step down at the end of the year. He joined Silicon Labs as the company s 10th employee in 1997, and has held a variety of roles in engineering and management including chief technology officer and chief operations officer.
Silicon Labs current president, Matt Johnson, will transition into the CEO position next year, the company said Wednesday. Johnson came to Silicon Labs in 2018 as senior vice president and general manager of Internet of Things products and became president in April.
Austin-based renewable energy company EnergyX has received commitments of $20 million in financing for technology development, the company said.
EnergyX is developing sustainable lithium extraction methods and solid-state battery energy storage systems for the electric vehicle and personal electronics industries.
Lithium is a metallic component key to electric batteries and is expected to play a major role in the global transition to sustainable energy. As the lightest metal on the periodic table, lithium s inherent properties make it an efficient, high-capacity storage method for renewable energy systems.
Rising global demand for electric vehicles and economic energy storage systems has led to projections of a huge increase in demand for lithium. In 2020, global supply was roughly 315,000 tons and is expected to increase to 5.5 million tons by 2040, according to industry estimates.
Silicon Labs sells to Skyworks Solutions in $2 75 billion deal
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