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| In April 2009 Microsemi acquired the defense and security business of Endwave Corp., and the Space Level Power Products business of Spectrum Microwave, Inc.<ref name="reuters_profile"/><br/> | In April 2009 Microsemi acquired the defense and security business of Endwave Corp., and the Space Level Power Products business of Spectrum Microwave, Inc.<ref name="reuters_profile"/><br/> | ||
| In October 2008, Microsemi acquired Electro Module, Inc. and its wholly owned subsidiary, Babcock, Inc.<ref name="reuters_profile"/> | In October 2008, Microsemi acquired Electro Module, Inc. and its wholly owned subsidiary, Babcock, Inc.<ref name="reuters_profile"/> | ||
| == Controversy == | |||
| In 2009 ], co-founder of the ], published a report claiming that James Peterson, Microsemi's President and ], had not obtained a Bachelor's degree or ] as he had listed on the Microsemi website, in regulatory filings, and a US government security clearance application. Peterson responded with a public statement saying he "categorically" denied the reports. The next day, the registrar of ] advised that they had double-checked and had no records of Peterson ever having obtained any degrees. An independent inquiry was made on behalf of the board by the law firm ], which confirmed that in fact Peterson had not earned either degree. As a penalty for misrepresenting his academic credentials, Peterson paid Microsemi a fine and forgoed his 2008 bonus.<ref>http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayL4xhesbXEQ&refer=home</ref><ref> http://online.wsj.com/article/SB122826625605674435.html </ref> | |||
| == National security risk == | == National security risk == | ||
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| [REDACTED] | |
| Company type | Public |
|---|---|
| Traded as | Nasdaq: MSCC |
| Industry | Semiconductor Mixed-Signal Integrated Circuits Discrete Semiconductors RF Components |
| Founded | 1960 |
| Headquarters |  Aliso Viejo, California, USA |
| Key people | Dennis R. Leibel, Chairman James J. Peterson, President, CEO, Director |
| Revenue |  $835.9 million USD (2011) |
| Operating income |  $212.0 million USD (2011) |
| Net income | $157.1 million USD (2011) |
| Number of employees | 3,000 (2011) |
| Website | www |
![[REDACTED]](https://u3vuiephb.global.ssl.fastly.net/File:Microsemi-logo.png){kind=link}
Microsemi Corporation is a manufacturer of defense, security, aerospace, enterprise, communications, medical, alternative energy, and industrial products for power-related applications. Major products offered by Microsemi are analog devices, mixed-signal and RF integrated circuits, customizable system-on-chips (cSoC), FPGAs, and complete subsystems. It has been based in Aliso Viejo, California since 2011, when it relocated its headquarters from Irvine, California.
Company Growth
In January 2012 Microsemi acquired the timing, synchronization, and synthesis business of Maxim Integrated Products, Inc.
In October 2011 Microsemi acquired Zarlink Semiconductor, Inc.
In July 2011 Microsemi acquired ASIC Advantage, Inc.
In June 2011 Microsemi acquired Brijot Imaging Systems, Inc.
In May 2011 Microsemi acquired AML Communications, Inc.
In November 2010 Microsemi acquired Actel Corp.
In September 2010 Microsemi acquired VT Silicon and Arxan Defense Systems, Inc.
In April 2010 Microsemi acquired White Electronic Designs Corp.
In June 2009 Microsemi acquired Nexsem, Inc.
In April 2009 Microsemi acquired the defense and security business of Endwave Corp., and the Space Level Power Products business of Spectrum Microwave, Inc.
In October 2008, Microsemi acquired Electro Module, Inc. and its wholly owned subsidiary, Babcock, Inc.
Controversy
In 2009 Barry Minkow, co-founder of the Fraud Discovery Institute, published a report claiming that James Peterson, Microsemi's President and CEO, had not obtained a Bachelor's degree or Masters of Business Administration as he had listed on the Microsemi website, in regulatory filings, and a US government security clearance application. Peterson responded with a public statement saying he "categorically" denied the reports. The next day, the registrar of Brigham Young advised that they had double-checked and had no records of Peterson ever having obtained any degrees. An independent inquiry was made on behalf of the board by the law firm Munger, Tolles & Olson, which confirmed that in fact Peterson had not earned either degree. As a penalty for misrepresenting his academic credentials, Peterson paid Microsemi a fine and forgoed his 2008 bonus.
National security risk
Microsemi has denied press accounts that Actel's Chinese-built ProASIC3 A3P250 microprocessors, which are widely used in defense systems, have a backdoor feature that cannot be disabled.
References
- "Microsemi Corporation". Retrieved 2008-08-29.
- "Microsemi Corporation Relocates Headquarters to Aliso Viejo, Calif" (Press release). Globe Newswire. August 11, 2011. Retrieved 2011-12-24.
- "Microsemi Corporation has Acquired Actel Corporation" (Actel website front page) - Retrieved 2010-07-11
- ^ "Profile:Microsemi Corporation (MSCC.0)" (Reuters profile) - Retrieved 2010-07-11
- http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayL4xhesbXEQ&refer=home
- http://online.wsj.com/article/SB122826625605674435.html
- Dudley, Richard. "Chinese-Built Microprocessor Includes Programmable Backdoor." Defense Update, June 3, 2012.
- "Microsemi Response: Security Claims With Respect to ProASIC®3."