ON Semiconductor Joins Plug and Play Tech Center Startup Accelerator

ON Semiconductor said it’s participating in the Plug and Play Tech Center, a Silicon-Valley-based startup accelerator. ON will be part of the mobility and IoT platforms with a goal of advancing solutions in the automotive and industrial segments, said the company Monday. Customers are looking to companies to provide enabling technologies that disrupt existing business models, said Mamoon Rashid, ON Semiconductor senior vice president-strategic business ventures. Partnering with innovation accelerators such as Plug and Play gives ON a way to efficiently evaluate and consult new technologies and to integrate them earlier into its semiconductor portfolio, said Rashid.