IDT acquires Alvand Tech and ADC/DAC product-line from NXP
Analog, Interface, telecom IC semiconductor chip vendor Integrated Device Technology, Inc. has acquired NXP Semiconductor’s high-speed data converter assets and Alvand Technologies, an analog IP expert in data converters.
With this acquisition the IDT portfolio includes radio frequency (RF) components, analog-to-digital converters (ADCs), digital-to-analog converters (DACs), Serial RapidIO switches and bridges, high-performance timing devices, data compression IP, and power management ICs. IDT says these acquisitions increase the company’s dollar content in the base station by offering all the key components in the signal chain.
“High-speed analog-to-digital and digital-to-analog conversion are the key performance-determining functions on the base station radio card, but – until now – they have been a gap in our portfolio,” said Dr. Ted Tewksbury, president and CEO at IDT. “Over 10 months in the making, this pair of complementary acquisitions enables us to deliver what our customers have been asking for – a complete signal chain lineup from antenna to network. NXP’s existing data converter portfolio provides leading-edge products today, while Alvand Technologies provides critical IP needed for our next-generation roadmap. Having access to all the critical analog and digital functions in the base station uniquely positions IDT to optimize our customers’ system-level performance, power, cost and time-to-market.”
Tewksbury continued, “This completes the acquisition program to realize our mission of delivering system-level analog and digital solutions for communications infrastructure and enterprise computing. With our strategic repositioning now completed, our attention is focused on closing and integrating the recently announced acquisitions, optimizing our cost structure to meet our previously stated operating margin targets, and delivering superior financial returns to shareholders.”