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IDT buys silicon oscillator tech developer

Posted: 18 Jan 2010 ?? ?Print Version ?Bookmark and Share

Keywords:IDT acquisition? silicon? oscillator?

Integrated Device Technology Inc. (IDT) has acquired all-silicon oscillator technology developer Mobius Microsystems. The transaction, which closed Jan. 14, is an all-cash agreement for the outstanding Mobius shares. The agreement has already received appropriate board approvals.

"Mobius Microsystems' innovative technology extends IDT's clock leadership into high accuracy, crystal oscillator replacements, thereby doubling our served available market," said Ted Tewksbury, president and CEO at IDT. "Mobius' patented all-silicon timing technology provides IDT with power, size, and time-to-market advantages over competitive offerings. IDT plans to quickly bring products to market using our existing worldwide sales and distribution channels. We expect customers to rapidly adopt this technology across multiple applications and segments, beginning with consumer and migrating to the computing and communications markets."

Mobius specialized in innovative analog and mixed signal timing solutions. The company's all-CMOS frequency source is a significant technical breakthrough for the timing market. Mobius' all-silicon oscillator enables designers to create accurate, higher frequency, thinner and mechanically robust products.





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