Компания является мировым лидером по разработке и производству интегральных микросхем генераторов и таймеров для систем синхронизации цифровых устройств различного назначения. Продукцию отличает высокая надежность и выдающиеся электрические характеристики. ICS также производит фильтры и схемы ФАПЧ на ПАВ для проводных и беспроводных телекоммуникационных устройств.
В сентябре 2005 года компания вошла в состав Integrated Device Technology Inc. (IDT)
SAN JOSE, Calif., September 16, 2005 — Integrated Device Technology, Inc. (“IDT”, Nasdaq: IDTI), a leading communications IC company, and Integrated Circuit Systems, Inc.; (“ICS”, Nasdaq ICST), a leading timing solutions IC company, announced that they expect the close of their merger to occur by the end of the day, today.
“This merger represents an important step in the transformation of IDT,” said Greg Lang, president and chief executive officer of IDT. “We provide our customers with a broad range of vital solutions, utilizing advanced timing, switching, buffering, and packet-processing technologies. The combination of ICS’s leadership position in clocks and IDT’s success in the communications market provides our combined customer base with a full suite of leadership solutions to today’s challenging system design problems. Furthermore, we expect to achieve significant operating and manufacturing cost synergies as a combined company.”
“We are excited about the pending close of the merger,” said Hock Tan, president and chief executive officer of ICS. “Our customers and shareholders should experience significant benefits from the merger of these two strong companies. We are now quickly moving to the implementation and integration phase.”
IDT will hold a conference call on September 19, 2005 at 5:30 a.m. (PDT) to update its investors on the integration and fiscal Q2 guidance for the combined company. IDT will hold its fiscal Q2 earnings call on November 8, 2005 at 1:30 p.m. (PDT).