Thursday, April 16, 2009

Microsemi Acquires Rad Hard Technology From Spectrum Control

Microsemi Corporation (Nasdaq:MSCC), a leading manufacturer of high performance analog mixed signal integrated circuits and high reliability semiconductors, today announced that it acquired the Space Level Power Products business of Spectrum Microwave, Inc., a wholly-owned subsidiary of Spectrum Control, Inc. (Nasdaq:SPEC).

Spectrum Microwave, Inc. (Spectrum) is a leading provider of RF and Microwave components and systems. The acquired technology consists of MIL-PRF 38534 power products for the Satellite and high-reliability markets including Rad Hard linear regulators, Rad Hard switching regulators, and Rad Hard point of load (POL) devices.

This strategic technology acquisition will have minimal revenues associated with it for the next several quarters. Microsemi will further discuss this acquisition and provide general business updates during its second quarter results conference call on April 23rd.