Microsemi Corporation, has successfully completed the acquisition of the high-performance timing business of Vectron International, a Knowles company, for $130 million, excluding working capital adjustments.
Vectron is a world leader in the design, manufacture and marketing of frequency control, sensor and hybrid solutions. It uses latest techniques in both bulk acoustic wave (BAW) and surface acoustic wave (SAW)-based designs from DC to microwave frequencies. Products include crystals and crystal oscillators; frequency translators; clock and data recovery products; SAW filters; SAW oscillators; Crystal filters; SAW and BAW based sensors. It also includes components used in telecommunications, data communications, frequency synthesizers, timing, navigation, military, aerospace, medical and instrumentation systems.
The acquisition was announced towards the end of October and is now complete.
