NORWOOD, Mass.-Analog Devices Inc. plans to purchase privately held, South Korean-based Integrant Technologies Inc. for $127 million. The move should bolster ADI’s portfolio with Integrant’s low-power radio-frequency chips for mobile television, according to the two companies.
The acquisition is expected to increase ADI’s revenue by about 1 percent of sales in each of the next few quarters, the companies said.
ADI is a mixed-signal chip vendor for analog-to-digital converters and amplifiers with about 8,500 employees worldwide. The company serves the mobile handset and network sector as well as markets for digital entertainment, automotive and industrial and medical products. Its main competitors in mobile communications are Texas Instruments Inc. and Infineon Corp.
Integrant is known for low-power digital multimedia broadcast (DMB) tuners it supplies to mobile-phone vendors in South Korea, which leads the globe in terms of mobile TV deployment. Integrant also makes chips for the DVB-H mobile TV standard and the new ISDB-T standard in Japan.
