IXYS Announces the Completion of the Acquisition of Samsung’s 4- and 8-Bit
MILPITAS, Calif. & BIEL, Switzerland -- July 3, 2013
IXYS Corporation (NASDAQ: IXYS), an international power semiconductor and IC
company, has completed its previously announced acquisition of Samsung’s 4-
and 8-bit microcontroller line. The acquired product line includes MCUs for
various consumer, medical, automotive, telecom and power management
“The closing of the Samsung microcontroller acquisition is a tremendous
strategic milestone, whereby we are able to bolster our product portfolio and
empower customers to utilize IXYS’ products across the entire power spectrum –
from digital control to higher power devices,” said Nathan Zommer, CEO of IXYS
IXYS’ wholly-owned subsidiary, Zilog, Inc., will offer the 4- and 8-bit
microcontrollers acquired from Samsung, as well as its current expansive MCU
product offerings. Zilog is a pioneer in application-specific, embedded
system-on-chip (SoC) solutions for the industrial and consumer markets. In
fact, many of Samsung’s MCUs were originally based on Zilog’s legendary cores.
Zilog will assume responsibility for customer support, R&D and supply chain of
these acquired products; customers will also benefit from the added resources
promoting further development of these MCUs.
Zilog will be working closely with Samsung to transition the product line,
with expectations for quality products and timely deliveries. Additionally,
IXYS and Samsung have secured a four-year foundry agreement, which will
provide ample product supply for current Samsung customers.
“We expect that this acquisition will prove fruitful not only to Samsung MCU
customers, who can now expect dedication to 8-bit MCU development, but also to
Zilog customers, who have access to additional products under the Zilog
umbrella,” noted Steve Darrough, Vice President IXYS-Zilog Sales & Marketing.
About IXYS and Zilog
Since its founding in Silicon Valley, IXYS Corporation has been developing
technology-driven products to improve energy conversion efficiency, generate
clean energy, improve automation, and provide advanced products for the
transportation, medical and telecommunications industries. IXYS, with its
subsidiaries, is a worldwide pioneer in the development of power
semiconductors, solid-state relays, high voltage integrated circuits (HVIC)
and microcontrollers that are necessary in conserving energy and in reducing
the world’s dependence on fossil fuels.
With an end-customer base of over 3,500 telecommunications, transportation,
industrial, medical and consumer companies, IXYS is a worldwide recognized
provider of advanced semiconductors. Visit IXYS’ website at
Zilog is a trusted supplier of application-specific, embedded system-on-chip
(SoC) solutions for the industrial and consumer markets. From its roots as an
award-winning architect in the microprocessor and microcontroller industry,
Zilog has evolved its expertise beyond core silicon to include SoCs, single
board computers, application specific software stacks for energy management,
monitoring and metering, motor control and motion detection. Zilog is an IXYS
Uzi Sasson, 408-457-9000
President and CFO
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