Thursday, August 2, 2007

Zarlink Completes Legerity Acquisition

Zarlink Semiconductor closed its previously announced acquisition of Legerity, a developer and supplier of voice ICs for carrier, enterprise and residential gateway equipment.

Legerity, which is based in Austin Texas, has grown revenue from US$88 million in calendar year 2004 to US$113 million in calendar year 2006. For the calendar year 2006, income from operations was US$5.1 million and net income was US$4.1 million. Over its 27 year history, the company has shipped over 450 Million lines of DSP-based analog mixed signal products and nearly 320 Million SLIC lines.

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