Microsemi acquires Maxim's timing, synchronisation and synthesis business
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Microsemi has acquired the telecom clock generation, synchronisation, packet timing and synthesis business from Maxim Integrated Products for an undisclosed sum.
According to Microsemi, the acquired product lines and technology are 'vital' to the effective and efficient delivery of time sensitive voice, data and multimedia traffic over wireless and wired networks. The deal has been signed in a bid to provide Microsemi's customers with the critical synchronisation components required to harmonise system and network clocks, as well as the synthesis products required to distribute timing clocks throughout each system.
"This business, acquired from our colleagues at Maxim, is the perfect complement to the highly sought after synchronisation and timing products we obtained in the Zarlink acquisistion," said James Peterson, Microsemi's 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 synchronisation 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."