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This is an old revision of this page, as edited by Crisscutfries (talk | contribs) at 18:48, 12 September 2011 (Removed Products section and replaced with a timeline of the company's mergers and acquisitions). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Integrated Device Technology
Company typePublic
NasdaqIDTI
IndustrySemiconductor industry
Founded1980
Headquarters
San Jose, California
,
United States [1]
Key people
Ted Tewksbury
(CEO)
Number of employees
2200
Websitehttp://www.idt.com/

Company Overview

Integrated Device Technology, Inc. (NasdaqIDTI) was founded in 1980 and is headquartered in San Jose, California. Integrated Device Technologies, Inc. designs, develops, manufactures and markets a broad range of low-power, high-performance mixed-signal semiconductor solutions for the advanced communications, computing, and consumer industries. The company markets its products primarily to original equipment manufacturers through various channels, including a direct sales force, distributors, electronic manufacturing suppliers, and independent sales representatives.

The Communications segment offers communication clocks, digital logic products, first-in and first-out memories, serial RapidIO solutions for wireless base station infrastructure applications, integrated communications processors, static random-access memory(SRAM) products, radio frequency products, and telecommunications semiconductor products.[2] This segment markets its products to the enterprise, data center, and wireless markets.

The Computing segment provides timing products, PCI Express switching and bridging solutions, high-performance server memory interfaces, multi-port products, touch controllers, signal integrity products, and PC audio and video products.[3] This segment’s computing products are designed for desktop, notebook, sub-notebook, storage, and server applications.

The Consumer segment are optimized primarily for digital TVs, smartphones, and gaming consoles through touch controller.[4]

Mergers and Acquisitions

In 2001, IDT acquired Newave Inc., a Chinese semiconductor firm, to accelerate its investment in the growing Asian semiconductor industry and telecommunications market. Newave became a subsidiary of IDT through a cash-for-stock merger.[5]

On April, 2004, IDT Acquired ZettaCom, a privately held fables network communications IC company, for $35 million in order to shift into serial switching and bridging semiconductor solutions. After the acquisition, IDT become one of the few communications IC suppliers to jump on the standards-based Advance Switching initiative spearheaded by Intel.[6]

In June, 2005, IDT acquired Integrated Circuit Systems (ICS) for about $1.7 billion in cash and stock. The acquisition provided a platform for growth within the communications, computing, and consumer market.[7]

In October, 2005, IDT acquired Freescale Semiconductor's timing solutions business for $35 million. Under the terms of the transaction, IDT would acquire Freescale’s high-performance clock solutions targeted at networking, server, storage, and memory clock markets, as well as assets. IDT stated that this acquisition would allow the company to expand its portfolio of silicon-based communications timing solution. The transaction was originally initiated by Integrated Circuit System Inc. before it was acquired by IDT in June.[8]

In July, 2006, IDT acquired the PC Audio division of Austin-based company SigmaTel for $80 million. IDT acquired the SigmaTel PC and Notebook audio codec product lines including the design, marketing and manufacturing rights, and software products. IDT planned to maintain the production flow of the existing SigmaTel products as part of the purchase agreement.[9]

In October, 2008, IDT purchased the video processing technology and related assets from Silicon Optix, including the Hollywood Quality Video (HQV) brand and the Reon product line. IDT acquired members of the Silicon Optix HQV Intellectual property and engineering teams to continue delivering video processing.[10]

In April, 2009, IDT sold its network search engine business to NetLogic Microsystems, Inc (NASDAQ: NETL) for approximately $100 million.[11]

In the month of June 2009, IDT made two acquisitions Leadis and Tundra. IDT acquired the touch sensor technology assets and Leadis Technology intellectual property and employee team necessary to execute the existing roadmap.[12] IDT acquired Tundra Semiconductor for about CDN $120.8 million. The Tundra acquisition was expected to strengthen IDT’s product portfolio of serial switching bridging using PCI Express, Rapid IO and VME interconnect standards.[13]

On January 14, 2010, IDT 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.[14]

In late April of 2010, IDT acquired the assets of IKOR, a former subsidiary of iWatt Corporation that manufactures power module VRM solutions for high-performance computing. The all-cash transaction allowed IDT to produce high-performance power management solutions for enterprise computing.[15]

In recent news, IDT and QualComm Incorporate has announced the signing an agreement to transfer IDT’s Hollywood Video Quality™ (HVQ™) and Frame Rate Conversion (FRC) Video Processing product lines and certain related assets to QualComm. As part of their agreement, both companies will be exploring options to include more of IDT’s portfolio in QualComm’s reference design.[16]

References

  1. Integrated Device Technology Company Profile. Retrieve 2011-06-24.
  2. `Frivolous' lawsuit initiative draws fire, Lorna Fernandes, Silicon Valley/San Jose Business Journal, 23 August 1996, retrieved 3 January 2005 from http://www.bizjournals.com/sanjose/stories/1996/08/26/story4.html
  3. 1996 General Election Returns for Ballot Propositions, California Secretary of State Website for 1996 general election retrieved 3 January 2005 from http://vote96.ss.ca.gov/Vote96/html/vote/prop/page.961218083528.html