Maxim Acquires Edinburgh-Based Calvatec Ltd.

June 2, 2011 -- Maxim Integrated Products, Inc., has acquired privately-held Calvatec Ltd., based in Edinburgh, Scotland. Calvatec is a leader of highly integrated, analog and mixed-signal system-on-chip (SoC) solutions for consumer and communications applications. Calvatec brings Maxim breakthrough IP as well as industry-leading design methods and production flows. It employs 15 people.

Maxim designs, manufactures, and sells high-performance semiconductor products. It was founded 28 years ago with the mission to deliver innovative analog and mixed-signal engineering solutions for the industrial, communications, consumer, and computing markets. A leader in analog innovation and integration, Maxim is unique among semiconductor companies in the range of disparate analog functions that it can combine onto a single chip. Maxim's highly integrated solutions help customers get to market faster with systems that are smaller and consume less power.

In the past four years, Maxim has reorganized product development around end markets, improved collaboration among its business units, shortened time to market, and delivered more R&D output in the form of new products. During this time, Maxim completed six strategic acquisitions, advanced customer partnerships and embraced an aggressive distribution strategy to better service small and midsized companies. Manufacturing was improved by shortening cycle time, achieving higher yields, successfully executing the company's transition to a flexible production model, and adding 300mm wafer-fab capability in 2010.

Maxim is the fastest growing analog company, 2008 to 2011. It reported revenue of approximately $2 billion for fiscal 2010 and is a Fortune 1000 company.