Maxim buys Volterra for $605m
Maxim has bought power management ic specialist Volterra for $605million.
Based in Fremont, California, Volterra specialises in high current, high density power management solutions primarily for the enterprise, cloud computing, communications and networking markets.
"With Volterra, we will strengthen our position in the enterprise and communications markets," said Maxim's president and ceo Tunç Doluca (pictured). "We add a very talented team and leading edge proprietary technology in high current power management solutions, which further diversifies our business model."
The transaction is expected to close in December 2013.
