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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.
Finisar enter into a Settlement and Cross License Agreement with Source Photonics
Finisar Corporation, announced it had entered into a Settlement and Cross License Agreement with Source Photonics, Inc., resolving a lawsuit brought by Finisar claiming infringement of Finisar’s portfolio of digital diagnostics and transceiver module patents. The agreement also provides a general release to MRV Communications, Inc.
Under the terms of the Settlement Agreement, Source Photonics will pay a license fee to Finisar in the amount of $14.5 million for a fully paid- up license to the Finisar digital diagnostics and transceiver module patents through December 31, 2015. Payment in full is to be made by September 30, 2010. The Settlement Agreement also provides a fully paid-up license to Finisar of certain Source Photonics patents and a mutual covenant not to sue for certain products currently made or sold by Source Photonics or Finisar, in each case through December 31, 2015. If Source Photonics is subject to a change in control, shipments subject to the license granted by Finisar to its digital diagnostics and transceiver module patents will be limited to a 20% annual revenue growth rate.
Ground-Breaking Energy- Efficiency Home Building Project Features Seoul Semiconductor LEDs
Seoul Semiconductor LEDs are helping illuminate the future of energy-efficient homes.
The company’s Acriche A3 AC LED is featured in solid state lighting installed throughout an energy-saving home at the Oak Ridge National Laboratories’ ZEBRAlliance project. Molex Inc. produced the modules, which were designed by Lumenique.
ZEBRAlliance – the Zero Energy Building Research Alliance --is a collaborative effort among
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www.compoundsemiconductor.net October 2010
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