Microsemi

Microsemi Corporation
Company typePublic
Nasdaq: MSCC
IndustrySemiconductor
Networking equipment
FoundedFebruary 1959; 65 years ago (1959-02)
Culver City, CA, United States
FoundersArthur Feldon
Steve Manning
DefunctMay 29, 2018 (2018-05-29)
FateAcquired by Microchip Technology
Headquarters
Aliso Viejo, CA, United States
Area served
Worldwide
Key people
James J. Peterson, CEO & Chairman
Paul H. Pickle, COO & President
ProductsFPGA, System on a chip, RAID, host adapter, NVMe controllers, Power over Ethernet, Time server, Atomic Clock, PLL, Frequency synthesizer, MMIC, Varactor, PIN diode, Audio processor, Ethernet Switch, Ethernet PHY, Transceiver, GaN Transistors, SiC MosFET, power module
RevenueIncrease $1,655 million USD (2016)[1]
Decrease $53.70 million USD (2016)
Decrease ($32.60) million USD (2016)
Number of employees
4,400 (2016)
Websitewww.microsemi.com

Microsemi Corporation was an Aliso Viejo, California-based provider of semiconductor and system solutions for aerospace & defense, communications, data center and industrial markets.

In February 2018, it was announced that Chandler, Arizona-based Microchip Technology was acquiring the company for over US$10 billion, pending regulatory approval.[2] In May 2018, it was announced that Microchip had completed its acquisition of Microsemi.[3] In August 2018, Microchip discovered that Microsemi shipped large orders to distributors on discount before the closing of the acquisition and had a culture of excessive extravagance, casting some doubt on the future prospect of the acquisition.[4]

  1. ^ "Microsemi Corporation". Archived from the original on October 30, 2007. Retrieved 2016-12-09.
  2. ^ "Microchip Tech agrees to acquire Microsemi in deal with more than $10 billion". marketwatch.com. 2018-03-01. Retrieved 2018-03-14.
  3. ^ "Microchip Technology Announces Completion of Microsemi Acquisition". globenewswire.com. 2018-05-29. Retrieved 2018-05-29.
  4. ^ SEITZ, Patrick. "Microchip Technology Inherits Mess From Microsemi Deal".