Texas Instruments acquires Powerprecise

Texas Instruments acquired Powerprecise Solutions, a fabless portable power management integrated circuit solutions company based in Herndon, Virginia. Powerprecise was founded in 2002, and currently has offices in Herndon, Virginia; Taipei, Taiwan; and San Jose, California. The company, which has 28 employees, offers innovative battery and energy management mixed-signal ICs for primary and rechargeable battery packs used in various consumer, industrial and computing applications.