Friday, October 27, 2017

Microsemi Acquires Timing Business From Vectron International

Aliso Viejo-based semiconductor developer Microsemi said it has agreed to acquire the high performance, timing business of Vectron International. Microsemi said it paid $130M for the business, which was owned by Knowles Corp.. Microsemi said the acquisition will help it expand its high performance timing product portfolio and expand in the aerospace and defense, communications, industrial applications market. Vectron develops such products as crystals and crystal oscillators; frequency translators; clock and data recovery products; SAW filters; SAW oscillators; crystal filters; SAW and BAW based sensors and components. Microsemi said those products are used in the telecommunications, data communications, frequency synthesizers, timing, navigation, military, aerospace, medical and instrumentation systems areas.