Artesyn and Summit Microelectronics Enter Agreement
Artesyn Technologies Inc. (Boca Raton, FL), a leader in power conversion solutions for the communications industry, and Summit Microelectronics Inc. have entered into a strategic cooperation agreement to develop comprehensive power system control and conversion solutions. The agreement combines the strengths of both companies to define and provide the next generation of semiconductors and modules for distributed power architecture designs targeted at telecommunications and data-communications systems.
Under the agreement, Artesyn Technologies and Summit Microelectronics will share applications knowledge, circuit design solutions, market trends and other proprietary information to define architectures and products that enhance power control capability to support the communications infrastructure marketplace. First products from the agreement will be released to market before the end of 2004.