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Fairchild Semiconductor Purchases the RF Components Division of Raytheon
October 22, 2003 |Estimated reading time: 1 minute
South Portland, Maine — Fairchild Semiconductor has purchased the commercial unit of the RF Components Division of the Raytheon Co.
The purchase provides Fairchild with an immediate entry into the advanced radio frequency (RF) market for applications that include wireless LANs and handset power amplifiers. The agreement also adds gallium arsenide millimeter wave integrated circuits (GaAs MMICs) to Fairchild's extensive portfolio of high performance building block components that power multiple end market products. The business will report to Fairchild's Power Discrete Group, led by Izak Bencuya, Ph.D., executive vice president and general manager.
Fairchild has also acquired Raytheon's foundry partnership agreement for the supply of gallium arsenide wafers and an equity stake in WIN Semiconductor, as well as access to foundry and support services at Raytheon's Andover, Mass. facility. As part of the asset purchase agreement and transfer of intellectual property, more than 30 Raytheon designers, test engineers and business development employees will join Fairchild.
Russ Wagner, former Raytheon RF Components vice president of Business Development, will lead the group.
Financial details of the agreement were not disclosed.
Fairchild's new RF Components product line is a developer and high volume manufacturer of components for the wireless communications industry. Included in its product portfolio are GaAs MMICs, transmit and receive modules, and semiconductor devices. For more information, visit www.fairchildsemi.com.