Tuesday, April 28, 2015

Microsemi Completes Acquisition of Vitesse

Microsemi completed its previously announced acquisition of Vitesse Semiconductor for $5.28 per share in cash.

Vitesse offers a portfolio of high-performance semiconductors, application software, and integrated turnkey systems solutions for carrier, enterprise and Internet of Things (IoT) networks worldwide. Key markets include network infrastructure for mobile access/IP edge, enterprise cloud access, and industrial-IoT markets. Vitesse is headquartered in Camarillo, California.

Microsemi (Nasdaq: MSCC) offers semiconductors and system solutions for communications, defense & security, aerospace and industrial markets. Products include high-performance and radiation-hardened analog mixed-signal integrated circuits, FPGAs, SoCs and ASICs; power management products; timing and synchronization devices and precise time solutions, setting the world's standard for time; voice processing devices; RF solutions; discrete components; security technologies and scalable anti-tamper products; Power-over-Ethernet ICs and midspans; as well as custom design capabilities and services. Microsemi is headquartered in Aliso Viejo, California.

http://www.microsemi.com

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