SAN FRANCISCO—RF chip vendor Peregrine Semiconductor Corp. has acquired Arctic Sand Technologies, an MIT spinoff that offers low-power chips for DC-DC power conversion. Financial terms of the deal were not disclosed.
Arctic Sand (Burlington, Mass.) was founded in 2010 by Gary Davison, who took over as CEO of the company in 2014. Artic Sand claims that its technology delivers power conversion efficiency enabling platforms for a variety of applications to be made thinner. In certain applications, the company claims its technology reduces the space occupied by power components by 50 percent while also reducing the height of components while decreasing power loss and increasing run time.
Peregrine (San Diego) was acquired by Japan's Murata Manufacturing Co. Ltd. for $471 million in 2014.
"Arctic Sand is the epitome of an innovative startup," said Jim Cable, Peregrine's chairman and chief technology officer and also global R&D director at Murata, in a press statement.
Cable said the acquisition would give Peregrine and Murata access to Arctic Sand's "disruptive technology," IP portfolio and engineering talent. "With this acquisition, we're one step closer to dramatically smaller, lighter, faster and more efficient power solutions," Cable said.
Last week, Peregrine appointed Stefan Wolff, a former general manager of Intel Corp.’s mobile communications business, to the role of CEO. Wolff replaced Cable, enabling Cable to expand his duties at parent company Murata.
Arctic Sand, which has about 25 employees, was named to EE Times' Silicon 60 list of startups to watch in 2014.
Peregrine said its design centers in London and San Diego would integrate and collaborate with Arctic Sand's teams in Boston and the Silicon Valley.
—Dylan McGrath covers the semiconductor industry and business news for EE Times.