AMI Semiconductor Adds to Mixed-Signal Capabilities with Purchase of Microsemi Micro Power Products Division; Acquisition Bolsters AMI Semiconductor's Medical Device Expertise.Business Editors/High-Tech Writers/Health/Medical Writers POCATELLO, Idaho--(BUSINESS WIRE)--Oct. 2, 2002 AMI Semiconductor AMI Semiconductor is a company engaged the design and manufacture of customer specific integrated circuit solutions, including solutions for the automotive, medical and industrial markets. Among its products are products that integrate processing of analog and digital signals. (AMIS A·mis , Kingsley 1922-1995. British writer best known for his novels, including Lucky Jim (1954) and Jake's Thing (1978). ) today announced its acquisition of the Micro Power Products Division of Microsemi Corporation (Nasdaq:MSCC MSCC Motlow State Community College (Lynchburg, TN) MSCC Morgan Sports Car Club MSCC Manila Sports Car Club MSCC Mission Springs Community Church (Fremont, CA) MSCC Mazda Sports Car Club ). The purchase of this medical mixed-signal ASIC (Application Specific Integrated Circuit) Pronounced "a-sick." A chip that is custom designed for a specific application rather than a general-purpose chip such as a microprocessor. group is the second acquisition to be completed by AMIS this year, and follows the recently completed integration of the mixed-signal business activities of Alcatel Microelectronics by AMIS. This most recent acquisition highlights AMI Semiconductor's continued commitment to the high growth, high volume medical electronics industry. "AMI Semiconductor is very excited about this acquisition," said Christine King Christine Elizabeth King is a British historian and university administrator. She is currently Vice-Chancellor and Chief Executive of Staffordshire University.[1] , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AMI Semiconductor. "In addition to new medical customers and developed products, we will acquire a great deal of know-how in developing low voltage/low power medical devices. This addition of expertise is consistent with our focus at AMIS to continue to provide world-class mixed-signal solutions to our customers." Located in Carlsbad, California Carlsbad is a coastal resort-town in northern San Diego County, California. According to the state Department of Finance, the city had a total population of 90,271 in 2003. , the 15-person design team that will be joining AMIS focuses on low voltage Low voltage is an electrical engineering term that broadly identifies safety considerations of an electricity supply system based on the voltage used. While different definitions exist for the exact voltage range covered by "low voltage", the most commonly used ones include "mains amplifier technology for medical applications, low power delta-sigma converter design, and are experts in ASIC solutions for the medical electronics device market. They bring to AMIS existing customer relationships with manufacturers of hearing aids Hearing Aids Definition A hearing aid is a device that can amplify sound waves in order to help a deaf or hard-of-hearing person hear sounds more clearly. , implantable devices and portable glucose monitors. Medical Device Customers Around the World AMIS has partnered with medical device manufacturers for many years. Its mixed-signal and sensor solutions have been designed into dozens of medical monitoring, medical telemetry telemetry Highly automated communications process by which data are collected from instruments located at remote or inaccessible points and transmitted to receiving equipment for measurement, monitoring, display, and recording. , remote patient monitoring, and diagnostics/alarm applications. AMIS counts among its customers a number of global medical device leaders including GE Medical, Abbott Labs, Medtronic, Guidant and Siemens. "We look forward to exploring the new opportunities created by joining such a global semiconductor leader as AMIS," said Jonas Weiland, manager of IC marketing and product development. "Our newfound access to AMI Semiconductor's world-class mixed-signal technology, combined with its global sales force and existing relationships with medical device manufacturers worldwide, opens up many new exciting possibilities." About Microsemi Corporation Microsemi Corporation (Nasdaq:MSCC) is a leading designer, manufacturer and marketer of analog, mixed-signal and discrete semiconductors. The company's semiconductors manage and regulate power, protect against transient voltage spikes and transmit, receive and amplify signals. Microsemi products include individual components as well as complete circuit solutions that enhance customer designs by providing battery optimization, reducing size or protecting circuits. Markets the company serves include mobile connectivity, computer/peripherals, telecommunications, medical, industrial/commercial, space/satellite and military. More information may be obtained by contacting the company directly or by visiting its web site at http://www.microsemi.com. About AMI Semiconductor AMI Semiconductor (AMIS) is a world leader in the design and manufacture of application-specific integrated circuits (ASICs). As a widely recognized innovator in state-of-the-art mixed-signal technologies and mid-range digital ASICs including ASIC conversion services, AMIS is committed to providing customers with the lowest cost, quickest time-to-market ASIC solutions. Offering unparalleled manufacturing flexibility and dedication to customer service, AMI Semiconductor operates globally with headquarters in Pocatello, Idaho Pocatello (IPA: [po kə tɛ lo]) is the county seat and largest city of Bannock CountyGR6 , European corporate offices in Oudenaarde, Belgium, and a network of sales and design centers located in the key markets of the United States, Europe and the Asia Pacific region. Visit the AMI Semiconductor web site at http://www.amis.com. |
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