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TDK changes corporate name to Teridian Semiconductor

Posted: 23 Aug 2005 ?? ?Print Version ?Bookmark and Share

Keywords:mixed-signal ic? tdk semiconductor? wlan wan? ethernet?

Mixed-signal IC provider TDK Semiconductor Corp. has changed its name to Teridian Semiconductor Corp., which is effective immediately.

As previously announced on April 8, 2005, Golden Gate Capital, in partnership with the U.S.-based semiconductor management team, acquired the company from TDK-USA, a subsidiary of the Japan-based TDK.

"The company's new name, Teridian Semiconductor, represents an important step in our evolution as a leading mixed-signal device company. We believe the timing of the re-branding is especially important as we launch a number of new products in the residential and industrial meter, smart card reader, Ethernet and WAN markets" said Gerald Fitch, president, CEO of Teridian.

David Dominik, managing director of Golden Gate Capital, said that "the re-branding, coupled with management's efforts to further focus their product development strategy, represents an example of the company's partnership with management to build a world-class semiconductor company."

TDK is presently working with its customers to facilitate a seamless name change transition.

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