Fairchild Semiconductor International (South Portland, ME) announced the acquisition of Impala Linear Corp. (San Jose, CA). Impala will be integrated into Fairchild's Analog and Mixed Signal Group.
Impala Linear was acquired for approximately $6.0 million in stock and cash. Its 2000 revenues were approximately $12.0 million. This acquisition brings power analog design skills; products that add strength in the consumer, computing, industrial and communications markets; and intellectual property that leverages proprietary CMOS process technology to enhance the performance of very small footprint ICs critical to portable applications.
"Fairchild continues to build leadership position in power solutions for multiple markets," said Kirk Pond, Fairchild's president, CEO and chairman. "Impala Linear's power analog products will afford new sales opportunities across the breadth of the electronics industry and augment our considerable strength in providing solutions for wireless applications."
"We're pleased to become part of Fairchild Semiconductor, a recognized industry powerhouse for analog power solutions," said Manohar Malwah, chairman and CTO of Impala Linear. "Our demonstrated success in hand-held devices, combined with Fairchild's global strength in semiconductors for wireless products, makes this a natural fit."