News Article
Microsemi Acquires assets of VT Silicon
Microsemi Corporation, a manufacturer of high performance analog mixed signal integrated circuits, high reliability semiconductors, and radio frequency (RF) subsystems, today announced that it has acquired all of the assets of VT Silicon
VT Silicon, located in Atlanta, GA, designs and manufactures multi-band radio frequency integrated circuit (RFIC) solutions for the mobile wireless broadband market. VT Silicon's products leverage linearization and efficiency-enhancement technologies to enable highly efficient, low-cost and small-footprint intelligent Front-End RFIC solutions.
"We are pleased to extend our industry leading RF product offering to next generation WLAN and WiMax markets with the acquisition of VT Silicon," said James J. Peterson, President and Chief Executive Officer of Microsemi Corporation. "As the first supplier in the world to develop a monolithic front end RFIC in Silicon Germanium (SiGe), VT's technology caliber is designed to enable Microsemi to deliver innovative, highly-integrated front-end modules to our customers. The acquisition of VT Silicon extends Microsemi's technology leadership in the RF business and reflects our continuing commitment to this important market."
According to a recent report published by Strategy Analytics, the worldwide installed base of consumer wireless devices will exceed 2.6 billion by 2014. This high volume global growth market, which necessitates technology differentiation, typifies the kind of commercial business Microsemi targets for leadership. Microsemi's balanced business model blends high-volume commercial market opportunities with the growth and content opportunities of its Aerospace, Defense and Security end markets. Microsemi intends to discuss this acquisition during its fiscal year-end earnings conference call to be scheduled in November.
