Acquisition Strengthens Company's Focus on Communications Infrastructure
ALISO VIEJO, Calif., July 23, 2014 -- Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced it has acquired Cork, Ireland-based Mingoa, a leading provider of semiconductor IP for hardware accelerated Ethernet OAM and embedded tests. The terms of the transaction were not disclosed.
Mingoa, founded in 2009 as a private venture capital funded company, specializes in developing highly efficient and scalable embedded hardware/software for real time Ethernet operations, administration and monitoring (OAM) with IP level monitoring for SLA enforcement. Target applications for this technology include enterprise carrier Ethernet business services, mobile/small cell backhaul applications and datacenter interconnect.
"The acquisition of Mingoa is yet another example of Microsemi's commitment to serving the communications infrastructure market, bringing our organization enhanced capabilities in Carrier Ethernet, as well as the silicon implementation that will enable our customers to deliver better services to end users," said James J. Peterson, Microsemi's chairman and CEO. "We are pleased to have Mingoa's experienced team join Microsemi and we look forward to providing greater value to our communications customer base with new capabilities that elevate our competitive position."
Microsemi Corporation (Nasdaq: MSCC) offers a comprehensive portfolio of semiconductor and system solutions for communications, defense & security, aerospace and industrial markets. Products include high-performance and radiation-hardened analog mixed-signal integrated circuits, FPGAs, SoCs and ASICs; power management products; timing and synchronization devices and precise time solutions, setting the world's standard for time; voice processing devices; RF solutions; discrete components; security technologies and scalable anti-tamper products; Power-over-Ethernet ICs and midspans; as well as custom design capabilities and services. Microsemi is headquartered in Aliso Viejo, Calif., and has approximately 3,400 employees globally. Learn more at www.microsemi.com.