TRIQUINT ACQUIRES TRIACCESS TECHNOLOGIES
“The TriAccess team is a great fit for TriQuint," said Brian Balut, Vice President of TriQuint’s Network Products. “TriAccess brings a portfolio of products for the CATV and FTTP markets, with strong design and market understanding, which accelerates TriQuint’s strategy of serving these applications. The combined resources of TriQuint and TriAccess put the company in a leadership position in these growing markets."
Cable and telecom operators are competing to provide the consumer with triple-play services (Internet, video and voice) and are upgrading their networks to provide the bandwidth needed for high-speed Internet, multiple HDTV streams, and applications such as Video-on-Demand (VOD). These services require RF components that provide higher performance – such as higher bandwidth, better linearity, lower noise, reduced power consumption, and higher integration – all at reduced cost. It’s not just a U.S. focus; Europe and the Asia-Pacific region are deploying similar systems.
“We’re eager to join TriQuint and believe that together we can accelerate our success in multiple CATV and fiber optic video markets worldwide. We are anxious to further utilize TriQuint’s process technology and assembly and test resources. TriQuint is well known and highly respected by our customers, providing additional confidence that we are a dependable and stable source of supply," said Chris Day, TriAccess’ president and CTO. Mr. Day will now manage this TriQuint Santa Rosa Design Center focused on the growing CATV and fiber optic video markets.
Terms of the acquisition were not disclosed. TriAccess’ results are not expected to materially impact TriQuint’s net income.