Microsemi Buys Product Lines From Maxim

Aliso Viejo-based Microsemi, the supplier of semiconductor products, said today that it has acquired the timing, synchronization, and synthesis business from Maxim Integrated Products. Financial terms of the acquisition were not disclosed. Microsemi said the acquisition will further provide its customers with critical synchronization components. The components lines that Microsemi are buying are used by electronic designers for clock distribution across electronic systems.