Date: 03/04/2012
ADI acquires clock expert Mutligig
Analog Devices (ADI) has acquired Multigig, Inc., a privately-held San Jose, California, company specializing in highly innovative high-performance clocking technology. ADI says the acquisition to enhance its clocking capabilities in stand-alone and embedded applications.
"The acquisition of Multigig fits squarely in the middle of our high-speed signal processing strategy and will further strengthen our portfolio of very high performance stand-alone and integrated clocking solutions," said Peter Real, ADI vice president of Linear and Radio Frequency products and technology. "Continually evolving end markets such as wireless and wire line communications place ever more stringent demands on signal processing solutions and high-performance clocking capabilities are critical to meeting customers' system requirements."
Analog Devices completed the acquisition of Multigig, Inc. on March 27, 2012. The terms of the transaction were not disclosed.