IDT buys Mobius Microsystems

SAN JOSE, Calif. -- Integrated Device Technology Inc. (IDT) has acquired Mobius Microsystems Inc., a developer of all-silicon oscillator technology.

Terms of the deal were not disclosed. Mobius' all-CMOS frequency source is used in the timing market.

''Mobius Microsystems' innovative technology extends IDT's clock leadership into high accuracy, crystal oscillator replacements, thereby doubling our served available market," said Ted Tewksbury, president and CEO at San Jose-based IDT, in a statement.

IDT has made several moves to sharpen its focus. In October of last year, IDT purchased the video processing technology and related assets from Silicon Optix Inc. for an undisclosed price.

In April, IDT sold the sell assets of its network search engine products to NetLogic Microsystems Inc. for $90 million. Moving into a hot market, IDT in June purchased the touch sensor technology assets from now-defunct Leadis Technology Inc.

Shareholders of Tundra Semiconductor Corp. in June approved the firm's acquisition by a wholly owned subsidiary of IDT. Then, in August, IDT moved towards a fabless model. As part of the plan, IDT will shut down its fab in Oregon and will transfer the production to Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC).

Continuing to restructure its operations, IDT recently signed an agreement to divest its micro networks business to Spectrum Control Inc. for approximately $13 million.