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SaRonix becomes Pericom company

Posted: 07 Oct 2003 ?? ?Print Version ?Bookmark and Share

Keywords:pericom semiconductor? saronix? frequency control product? interface IC?

Pericom Semiconductor Corp. announced that they have exercised its option to acquire substantially all of the assets and related liabilities of privately-held SaRonix, a manufacturer of frequency control products. Pericom designs and develops interface ICs used for the transferring, routing, and timing of high-speed digital and analog signals within and between computer, networking, and multimedia systems.

Total consideration paid was about $7.9 million in the form of the cancellation of previously advanced loans pursuant to the terms of a Secured Loan Agreement.

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