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Micrel acquires Discera to expands clock and timing products and MEMS capabilities

Micrel acquires Discera to expands clock and timing products and MEMS capabilities

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By eeNews Europe



The acquisition is intended to complement Micrel’s high performance clock and timing products, as well as expand its MEMS (micro-electrical mechanical systems) capabilities. The transaction is expected to close in September of 2013. Micrel expects the acquisition will be slightly dilutive in 2013 and neutral to slightly accretive in 2014 on a GAAP basis.

Discera has been on the forefront of MEMS resonator development, creating a disruptive technology in the timing space. Discera’s PureSilicon oscillators and Crystal-less clock generators provide a variety of significant benefits to timing customers, including system-wide cost effective solutions, enhanced ruggedness, space savings, and excellent stability over a wide temperature range.

"Micrel’s and Discera’s technologies and products are well aligned from a strategic perspective, bringing more best-in-class products to broader markets and a worldwide customer base. With this addition, along with our PhaseLink acquisition and our recently released ClockWorks Flex and Fusion products, Micrel plans to be a one-stop shop for our customers’ high-performance clock and timing needs," noted Ray Zinn, Chairman and CEO, Micrel.

www.micrel.com

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