Microsemi: Difference between revisions
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In April 2009 Microsemi acquired the defense and security business of Endwave Corp., and the Space Level Power Products business of Spectrum Microwave, Inc.<ref name="reuters_profile"/><br/> |
In April 2009 Microsemi acquired the defense and security business of Endwave Corp., and the Space Level Power Products business of Spectrum Microwave, Inc.<ref name="reuters_profile"/><br/> |
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In October 2008, Microsemi acquired Electro Module, Inc. and its wholly owned subsidiary, Babcock, Inc.<ref name="reuters_profile"/> |
In October 2008, Microsemi acquired Electro Module, Inc. and its wholly owned subsidiary, Babcock, Inc.<ref name="reuters_profile"/> |
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== Controversy == |
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In 2009 [[Barry Minkow]], co-founder of the [[Fraud Discovery Institute]], published a report claiming that James Peterson, Microsemi's President and [[CEO]], had not obtained a Bachelor's degree or [[Masters of Business Administration]] as he had listed on the Microsemi website, in regulatory filings, and a US government security clearance application. Peterson responded with a public statement saying he "categorically" denied the reports. The next day, the registrar of [[Brigham Young]] advised that they had double-checked and had no records of Peterson ever having obtained any degrees. An independent inquiry was made on behalf of the board by the law firm [[Munger, Tolles & Olson]], which confirmed that in fact Peterson had not earned either degree. As a penalty for misrepresenting his academic credentials, Peterson paid Microsemi a fine and forgoed his 2008 bonus.<ref>http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayL4xhesbXEQ&refer=home</ref><ref> http://online.wsj.com/article/SB122826625605674435.html </ref> |
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== National security risk == |
== National security risk == |
Revision as of 22:32, 26 September 2012
A major contributor to this article appears to have a close connection with its subject. |
This article needs additional citations for verification. (September 2008) |
Company type | Public |
---|---|
Nasdaq: MSCC | |
Industry | Semiconductor Mixed-Signal Integrated Circuits Discrete Semiconductors RF Components |
Founded | 1960 |
Headquarters | Aliso Viejo, California, USA |
Key people | Dennis R. Leibel, Chairman James J. Peterson, President, CEO, Director |
Revenue | $835.9 million USD (2011)[1] |
$212.0 million USD (2011) | |
$157.1 million USD (2011) | |
Number of employees | 3,000 (2011) |
Website | www |
Microsemi Corporation is a manufacturer of defense, security, aerospace, enterprise, communications, medical, alternative energy, and industrial products for power-related applications. Major products offered by Microsemi are analog devices, mixed-signal and RF integrated circuits, customizable system-on-chips (cSoC), FPGAs, and complete subsystems. It has been based in Aliso Viejo, California since 2011, when it relocated its headquarters from Irvine, California.[2]
Company Growth
In January 2012 Microsemi acquired the timing, synchronization, and synthesis business of Maxim Integrated Products, Inc. [1]
In October 2011 Microsemi acquired Zarlink Semiconductor, Inc. [2]
In July 2011 Microsemi acquired ASIC Advantage, Inc. [3]
In June 2011 Microsemi acquired Brijot Imaging Systems, Inc. [4]
In May 2011 Microsemi acquired AML Communications, Inc. [5]
In November 2010 Microsemi acquired Actel Corp.[3]
In September 2010 Microsemi acquired VT Silicon and Arxan Defense Systems, Inc.[4]
In April 2010 Microsemi acquired White Electronic Designs Corp.[4]
In June 2009 Microsemi acquired Nexsem, Inc.
In April 2009 Microsemi acquired the defense and security business of Endwave Corp., and the Space Level Power Products business of Spectrum Microwave, Inc.[4]
In October 2008, Microsemi acquired Electro Module, Inc. and its wholly owned subsidiary, Babcock, Inc.[4]
Controversy
In 2009 Barry Minkow, co-founder of the Fraud Discovery Institute, published a report claiming that James Peterson, Microsemi's President and CEO, had not obtained a Bachelor's degree or Masters of Business Administration as he had listed on the Microsemi website, in regulatory filings, and a US government security clearance application. Peterson responded with a public statement saying he "categorically" denied the reports. The next day, the registrar of Brigham Young advised that they had double-checked and had no records of Peterson ever having obtained any degrees. An independent inquiry was made on behalf of the board by the law firm Munger, Tolles & Olson, which confirmed that in fact Peterson had not earned either degree. As a penalty for misrepresenting his academic credentials, Peterson paid Microsemi a fine and forgoed his 2008 bonus.[5][6]
National security risk
Microsemi has denied press accounts that Actel's Chinese-built ProASIC3 A3P250 microprocessors, which are widely used in defense systems, have a backdoor feature that cannot be disabled.[7][8]
References
- ^ "Microsemi Corporation". Retrieved 2008-08-29.
- ^ "Microsemi Corporation Relocates Headquarters to Aliso Viejo, Calif" (Press release). Globe Newswire. August 11, 2011. Retrieved 2011-12-24.
- ^ "Microsemi Corporation has Acquired Actel Corporation" (Actel website front page) - Retrieved 2010-07-11
- ^ a b c d "Profile:Microsemi Corporation (MSCC.0)" (Reuters profile) - Retrieved 2010-07-11
- ^ http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayL4xhesbXEQ&refer=home
- ^ http://online.wsj.com/article/SB122826625605674435.html
- ^ Dudley, Richard. "Chinese-Built Microprocessor Includes Programmable Backdoor." Defense Update, June 3, 2012.
- ^ "Microsemi Response: Security Claims With Respect to ProASIC®3."