Sep 14 2010
Manufacturer and distributor of advanced semiconductor products, Maxim Integrated Products has acquired Phyworks, a private company specializing in high-performance semiconductors products. The new acquisition complements Maxim's optical transceiver portfolio and creates new opportunities for high-speed products.
The merging of both companies will provide a powerful and a wide range of optical solutions to the consumers. The FTTH (fiber-to-the-home) application-based products of Phyworks complement the telecom and datacom product line of Maxim. The acquisition will allow Maxim to achieve a leadership position in the transceiver chips market.
Phyworks’ expertise will provide new opportunities to Maxim in high-speed signal integrity products. The high-speed product market presents growth opportunities due to increased demand for data-rich applications such as cloud computing and HD video distribution. The market for high-speed signal integrity solutions and optical transceivers is estimated to touch $340 million in 2014.
Phyworks’ Chief Executive Officer and President, Stephen King stated that the company is delighted to join Maxim. The combined technologies of both companies will produce cost-effective solutions to develop advanced optical networks, King said.