Analysis
Microsemi Acquires Timing, Synchronization and Synthesis Business from Maxim Integrated Products
Microsemi Corporation today announced it has acquired the telecom clock generation, synchronization, packet timing and synthesis business from Maxim Integrated Products, Inc. The terms of the transaction were not disclosed.
The “This business, acquired from our colleagues at Maxim, is the perfect complement to the highly sought-after synchronization and timing products we obtained in the Zarlink acquisition,” said James J. Peterson, Microsemi president and chief executive officer. “We believe the two pieces fit like a glove and allow us to better serve our customers with the broadest high-end synchronization and timing technology portfolio in the market today. Here at Microsemi, we don’t just want to participate in these attractive markets, we want to lead them.”