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Pericom to acquire FCP manufacturer

Posted: 10 Jul 2003 ?? ?Print Version ?Bookmark and Share

Keywords:pericom semiconductor? interface ic? frequency control product? fcp?

Pericom Semiconductor Corp., a manufacturer of interface ICs, has signed a definitive purchase option agreement to acquire the net assets of privately-held SaRonix LLC. SaRonix is a designer, manufacturer and distributor of frequency control products (FCPs) - electronic components used as time and frequency clocks in electronic products ranging from computers, network switching, and telecommunications equipment to cellphones, PDAs, and TV receivers.

SaRonix and Pericom are executing joint marketing and product development initiatives for crystal-based products including clock recovery, frequency translator, and timing modules. The acquisition is expected to add to Pericom's core competencies by enabling technologies for new products, enhancing customer service and streamlining value added solutions for the combined customer base.

The transaction is expected to close in October 2003.

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