Pericom Semiconductor Leads Vertical Integration in Frequency Control Products with Combination of SaRonix(TM) and eCera(TM) Subsidiaries
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Pericom Semiconductor Corp.
2380 Bering Dr.
San Jose, CA, 95131
Press release date: August 27, 2007
Wholly-owned subsidiary first to provide total timing solutions based on both quartz and silicon, resulting in optimal cost and performance for the customer
SAN JOSE, Calif. - August 27, 2007 - Pericom Semiconductor Corporation (NASDAQ: PSEM), a worldwide preferred supplier of interconnect solutions used for switching, timing, bridging, and conditioning of high-speed serial signals, today announced the combination of SaRonix and eCera, formerly two separate Pericom entities, which have now become one wholly-owned subsidiary. The new entity will operate as a business unit within Pericom, closely aligned with the other Pericom product groups. SaRonix-eCera will provide leading edge frequency control product solutions for customers in networking, storage, wireless, computing and consumer applica tions.
"SaRonix-eCera's unique vertical integration will result in cost-effective, high performance solutions and streamlined product development and manufacturing cycles for our customers," said Alex Hui, chairman, president and CEO of Pericom Semiconductor. "The synergy provides customers with the industry's most unique timing solutions that can be based on quartz, silicon, or a combination of both. And they have the additional benefit of obtaining their complete timing solutions from one source."
"SaRonix-eCera offers high volume, very small surface mount frequency control products, world-class manufacturing capability ensuring quality products and is complemented by IC and crystal design teams in US, China and Taiwan," said Lou Chang, president of the SaRonix-eCera subsidiary. "By combining the two entities, we now have the benefit of vertical integration and shared resources. We believe this action will not only help us achieve our previously-stated growth targets, but also position us for continued long-term growth."
Markets addressed by SaRonix-eCera are large and growing. The GSM cell phone market is estimated to be close to 1 Billion units/yr in 2009 according to Strategy Analytics. iSuppli estimates 900 Million units shipment of Bluetooth products in 2007. The WLAN market for 802.11n standard is estimated to be over 100MU ports by 2010 according to iSuppli (June 2007). Hard disk drive shipments employing serial connectivity are estimated at more than 60MU according to IDC (Oct 2006). Market research firm Dell'Oro estimates more than 320MU Ethernet ports are expected to be shipped in 2010, with the majority in Gigabit Ethernet. According to PMC-Sierra, more than 4 Million Ethernet Passive Optical Networks (EPON) have been deployed using their Fiber -To-The-Home (FTTH) solutions.
Pericom acquired SaRonix, LLC, a manufacturer of surface-mount oscillator products based in Menlo Park, Calif., in 2003. Taiwan-based eCERA Corporation, an SMD quartz-crystal-and-oscillator-component supplier was acquired by Pericom in 2005.
PericomŽ Semiconductor Corporation (NASDAQ: PSEM) enables serial connectivity for the computing, communications and consumer markets. Its analog, digital, and mixed-signal integrated circuits and SaRonix-eCera(TM) frequency control products are essential in the timing, switching, bridging, and conditioning of high-speed signals such as SATA, SAS, USB, PCI Express, HDMI and other standard protocols. Company headquarters are in San Jose, California, with design centers and technical sales and support offices located globally. http://www.pericom.com