search 
 
 
 
 
 
 

   CHANNEL-E ELECTRONICS EUROPE





Maxim acquires Storage Products Business from Vitesse 24-08-07

Maxim purchases the Storage Products Business of Vitesse Semiconductor located in Colorado for $63 million in cash. An additional amount up to $12 million in cash will be payable by Maxim upon the achievement of certain commercial milestones through the end of Vitesse's 2008 fiscal year on September 2008. Maxim will acquire substantially all of the assets of this business subject to customary closing conditions, including obtaining all necessary governmental approvals and clearances. The transaction is expected to close in the fourth calendar quarter of 2007. The acquisition brings Vitesse's Serial Attached ATA (SATA), Serial Attached SCSI (SAS) Expander products, Enclosure Management products and Baseboard Management products into the Maxim product portfolio. Maxim intends to offer employment to more than 50 of Vitesse's engineers and technical experts in connection with the acquisition.

 
RECENT BUSINESS NEWS

Premier Farnell changes CEO

Silicon Labs acquires Ember

Mentor Graphics: new head of Embedded Runtime Solutions

Digi-Key launches website for Israel

Digi-Key and T-Global Technology sign distribution agreement

Second quarter 2012 at Agilent

Weidmüller: 72 h Sample Service around Omnimate products


RECENT PRODUCT NEWS

XP Power: product compliance to 3rd edition medical safety standards

Tested 8-bit and 32-bit ARM Based MCUs in die form

Epson: display controller IC reference design

Eighth-brick DC/DC converters with 2,250 VDC isolation

Sharp: LED arrays with 1150 - 1550 Lumen

Resettable PolySwitch device in a plastic box package

Infineon: 1200V SiC JFET family with direct drive technology


Copyright © channel-e IMPRINT |  PRIVACY