Date: 15th Jun 2011
Analog Devices acquires Lyric Semiconductor
Analog Devices, Inc. has announced that it has acquired
Lyric Semiconductor, a privately held Cambridge, Massachusetts,
company. Lyric Semiconductor has developed a set of techniques
to improve power efficiency in mixed-signal processing and
enable additional signal processing functionality in a broad
set of applications.
"As a leader in signal processing, ADI continually
looks for opportunities to incubate ideas and invest in
promising technologies for the future," said Sam Fuller,
ADI CTO and vice president of R&D. "Lyric's domain
knowledge, commitment to advancements in signal processing,
and innovative spirit are a great fit for ADI and a strong
addition to our long-term technology strategy."
"Analog Devices and Lyric Semiconductor are extremely
well aligned from a strategic perspective," said Ben
Vigoda, Lyric co-founder and CEO. "We are excited about
the commitment ADI is making to our team and technology
and look forward to leveraging ADI's leadership and strengths
to further innovate in the signal processing domain."
The entire Lyric team, including co-founders Ben Vigoda
and Dave Reynolds, are now ADI employees.
Analog Devices completed the acquisition of Lyric Semiconductor
on June 9, 2011.