Thursday, April 16, 2009
Microsemi Buys Power Device Firm
Irvine-based Microsemi disclosed Thursday that it has acquired the Space Level Power Products business of Spectrum Microwave. Financial terms of the buy were not disclosed. Spectrum's Space Level Power Product business is a manufacturer of RF and microwave components and systems used for the satellite market. Microsemi said the acquired business will have minimal revenues associated for the next several quarters.