Deals

Arctic Sand Acquired for $68M by Peregrine Semiconductor
Date: 
Tuesday, March 21, 2017
Location: 
Burlington
Categories: 
B2B
Hardware & Robotics
Deal Type: 
Acquisition

Peregrine Semiconductor Corp., a Murata company and the founder of RF SOI (silicon on insulator), today announces the acquisition of Arctic Sand Technologies. An MIT spin-off, Arctic Sand designs and manufactures low-power semiconductors for use in DC-DC power conversion applications. This strategic acquisition will accelerate Murata's vision to revolutionize power electronics with the world's smallest, most efficient power solutions.

"Arctic Sand is the epitome of an innovative startup," says Jim Cable, chairman and CTO of Peregrine Semiconductor and global R&D director at Murata Manufacturing. "With this acquisition, Peregrine and Murata gain Arctic Sand's disruptive technology, strong IP portfolio and world-class team. With a vision to revolutionize the power electronics industry, we're building the power integrated circuit (IC) 'dream team'. We will now leverage Peregrine's semiconductor expertise to accelerate the adoption of Arctic Sand's technology and their ability to ship in volume. With this acquisition, we're one step closer to dramatically smaller, lighter, faster and more efficient power solutions... READ MORE