Shah Capital acquires Alliance Semi analog/mixed signal biz

A group of investors led by Shah Capital Partners announced that they have completed the acquisition of Alliance Semiconductor's analog and mixed signal business unit. The new company will be called PulseCore Semiconductor Inc., and provides standard and custom analog and mixed-signal silicon solutions.

PulseCore Semiconductor offers clocking devices and system monitors for the digital consumer, PC peripheral and datacom/telecom markets.

"We are very impressed with what the business has been able to achieve so far," said Ajay Shah, managing partner of Shah Capital Partners. "PulseCore's technology has been widely used by Tier 1 OEM customers. We are excited to work with the team to build upon the current business with new products and expanded markets."