Monday, June 8, 2009

Microsemi Acquires Nexsem, Inc.

IRVINE, Calif., June 8, 2009 (GLOBE NEWSWIRE) -- Microsemi Corporation (Nasdaq:MSCC), a leading manufacturer of high performance analog mixed signal integrated circuits and high reliability semiconductors, today announced that it has executed an asset purchase agreement with Nexsem, Inc., a small privately held semiconductor designer and marketer based in Orange County, CA. Nexsem is a growing designer and marketer of high voltage DC to DC conversion devices targeted at the traditionally fast growing commercial markets such as the: LCD-TV, Set Top Box, Notebook and Netbook, and other high-volume commercial applications.