MANHASSET, N.Y. Zarlink Semiconductor has acquired the optical I/O business of Primarion Inc., a supplier of digital power conversion ICs, for 7 million in cash.
Zarlink (Ottawa, Canada) will acquire Primarion's optical I/O assets and intellectual property, and expects to retain all 10 former Primarion I/O group employees. This acquisition is expected to generate approximately $3 million in revenue in fiscal 2007 and is not expected to have a material impact on ongoing current year earnings.
Primarion's optical I/O business, based in Phoenix, supplies laser driver and optical receiver ICs used in multi-lane, parallel fiber optic modules. Its I/O solutions include laser drivers, transimpedence and post-amplifier circuits, supporting wireline speeds of 1 Gb/s to 10 Gb/s.
"There are exciting growth prospects for parallel optics in emerging markets such as high-performance computer interconnect, industrial automation, and military applications, as well as telecom," said Stan Swirhun, senior vice president and general manager, Zarlink Optical Products Group, in a statement.