Doug Lung /
12.02.2013 09:25AM
Microsemi Completes Acquisition of Symmetricom
Addition provides IT infrastructure and metrology expertise
Just before Thanksgiving, Microsemi Corp. announced it had completed its acquisition of Symmetricom, the manufacturer of GPS-locked NTP servers and other highly precise timekeeping technologies and systems. Symmetricom equipment is widely used in the broadcast and communications industry and their equipment is also used in national power grid systems, as well as in critical military and civilian networks.

“We look forward to integrating the talented Symmetricom team and leveraging our product and technology synergies to develop solutions that contribute to our customers' success,” said James J. Peterson, chairman of the board and CEO of Microsemi. “We are eager to drive the business forward for our stakeholders as we continue to execute Microsemi's growth strategy.”

Microsemi Corp. is a provider of high performance semiconductor solutions. The acquisition will give it a strong footprint in IT infrastructure and metrology applications as well as an opportunity to capitalize on growth opportunities for Symmetricom's chip scale atomic clock (CSAC) technology and other cutting edge products.


Comments
Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found




Wednesday 9:02AM
Analysts: TV Regs 'Not as Dire as We Thought'
We feel the negatives are known and are a lot more comfortable recommending the space.


 
Featured Articles
Discover TV Technology