Verigy Completes Acquisition of Inovys

“We are pleased to have completed the acquisition of Inovys,” said Keith Barnes, chairman, CEO and president, Verigy. “This acquisition allows us to further differentiate Verigy from other automated test equipment suppliers by offering a completely integrated solution which leverages our proven system-on-chip (SoC) and memory test platforms with a best-in-class, time-to-yield solution for semiconductor manufacturing.”

(January 8, 2008) IRVINE, CA — Microsemi Corp. today announced its recent acquisition of substantially all of the assets of TSI Microelectronics Corp. (TSI). TSI’s revenue in the last 12 months totaled $1.2M and the company was profitable. Total consideration for TSI was $2.0M in cash, which includes the company’s cash position of approximately $0.6M. Microsemi expects the acquisition will be immediately accretive.


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