Maxim Sells Timing, Synchronization and Synthesis Business to Microsemi

Microsemi Corporation has acquired the telecom clock generation, synchronization, packet timing and synthesis business from Maxim Integrated Products, Inc. (Nasdaq: MXIM). The acquired business unit complements the synchronization and timing products Microsemi obtained in the Zarlink acquisition. The terms of the transaction were not disclosed.

According to Microsemi, the acquired product lines and technology are vital to the effective and efficient delivery of time-sensitive voice, data and multimedia traffic over wireless and wired networks. The Maxim products will further provide Microsemi’s customers with the critical synchronization components required to harmonize system and network clocks, as well as the synthesis products required to distribute timing clocks throughout each system.

More info: Microsemi Corporation