Microsemi Sells Non-Core Business to Mercury Systems

Aliso Viejo, Calif. — Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced it has completed the sale of a non-strategic component of a board level systems and packaging business to Mercury Systems, Inc. (Nasdaq: MRCY), for $300 million in cash (subject to a customary purchase price adjustment).…

TI Tops Industrial Semiconductor Ranking

Texas Instruments was ranked the top vendor of semiconductors in the industrial sector in 2015, according to Semicast Research. Rounding out the top five are Infineon Technologies, Intel, STMicroelectronics, and Renesas Electronics. Semicast estimates TI’s market share at 8.1 percent, followed by Infineon (6.8%), Intel (4.9%), STMicroelectronics (4.4%) and Renesas (3.8%). “Intel passed STMicroelectronics to become the…