STOCK TITAN

Lattice Joins the OPC Foundation

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Lattice Semiconductor (NASDAQ: LSCC) has joined the OPC Foundation to enhance collaboration in industrial automation standards. This partnership aims to accelerate the development of interoperability standards, crucial for factory automation and digital transformation. Lattice will support the OPC Unified Architecture standard, focusing on improving safety, security, and reliability in industrial applications. The company's VP of Segment Marketing emphasized the importance of common standards in driving innovation and shaping future factory solutions, including the Lattice Automate solution stack.

Positive
  • Strengthened collaboration with the OPC Foundation to enhance industrial automation standards.
  • Commitment to support the OPC Unified Architecture standard for improved interoperability.
  • Focus on enhancing safety, security, and system reliability in industrial applications.
Negative
  • None.

Expands collaboration with industry-leading industrial automation standards consortium

HILLSBORO, Ore.--(BUSINESS WIRE)-- Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced that it has joined the OPC® Foundation, an industry consortium that creates and maintains interoperability standards for industrial automation applications. As a member of the foundation, Lattice will collaborate with other industry leaders to accelerate industrial automation applications and reinforce its support of the OPC Unified Architecture (UA) standard.

“As the digital transformation of the factory floor continues, the adoption of a common set of standards is essential to delivering enhanced feature sets, safety & security measures, and system reliability,” said Matt Dobrodziej, Vice President of Segment Marketing and Business Development at Lattice. “We’re excited to work alongside the OPC Foundation and other industrial automation leaders to help shape future factories with new and expanded versions of our industrial solutions, including the Lattice Automate™ solution stack.”

"We are thrilled to have Lattice as our latest member of the OPC Foundation,” said Stefan Hoppe, President and Executive Director of the OPC Foundation. “Our goal is to transform how the industry uses control automation with an open platform architecture working with various industry leaders. Lattice’s industry-leading hardware and software tools can be found in a variety of Industrial applications today and their growing support of our interoperability standard furthers our mission.”

For more information about the Lattice technologies mentioned above, please visit:

About the OPC Foundation

Since 1996, the OPC Foundation has facilitated the development and adoption of the OPC information exchange standards. As both advocate and custodian of these specifications, the Foundation's mission is to help industry vendors, end-users, and software developers maintain interoperability in their manufacturing and automation assets. The OPC Foundation provides the best specifications, technology, process, and certification to achieve multivendor, multiplatform, secure, reliable, interoperability for moving data and information from the embedded world to the enterprise cloud. The Foundation serves over 800 members worldwide in the Industrial Automation, IT, IoT, IIoT, M2M, Industrie 4.0, Building Automation, machine tools, pharmaceutical, petrochemical, and Smart Energy sectors.

About Lattice Semiconductor

Lattice Semiconductor (NASDAQ: LSCC) is the low power programmable leader. We solve customer problems across the network, from the Edge to the Cloud, in the growing Communications, Computing, Industrial, Automotive, and Consumer markets. Our technology, long-standing relationships, and commitment to world-class support let our customers quickly and easily unleash their innovation to create a smart, secure, and connected world.

For more information about Lattice, please visit www.latticesemi.com. You can also follow us via LinkedIn, Twitter, Facebook, YouTube, WeChat, Weibo, or Youku.

Lattice Semiconductor Corporation, Lattice Semiconductor (& design), and specific product designations are either registered trademarks or trademarks of Lattice Semiconductor Corporation or its subsidiaries in the United States and/or other countries. The use of the word “partner” does not imply a legal partnership between Lattice and any other entity.

GENERAL NOTICE: Other product names used in this publication are for identification purposes only and may be trademarks of their respective holders.

MEDIA CONTACT:

Sophia Hong

Lattice Semiconductor

503-268-8786

Sophia.Hong@latticesemi.com

INVESTOR CONTACT:

Rick Muscha

Lattice Semiconductor

408-826-6000

Rick.Muscha@latticesemi.com

Source: Lattice Semiconductor

FAQ

What is Lattice Semiconductor's latest news regarding collaboration?

Lattice Semiconductor has joined the OPC Foundation to enhance industrial automation standards.

How will Lattice Semiconductor's collaboration with the OPC Foundation impact its business?

The collaboration aims to accelerate development of interoperability standards essential for industrial automation.

What specific solutions is Lattice Semiconductor focusing on with the OPC Foundation?

Lattice is focusing on its Lattice Automate solution stack to advance industrial applications.

Lattice Semiconductor Corp

NASDAQ:LSCC

LSCC Rankings

LSCC Latest News

LSCC Stock Data

7.21B
135.88M
1.49%
112.49%
7.47%
Semiconductors
Semiconductors & Related Devices
Link
United States of America
HILLSBORO