s & p 400 component industry semiconductor networking equipment founded february 1959 ; 57 years ago 1959 02 culver city ca united states founders arthur feldon steve manning headquarters aliso viejo ca united states area served worldwide key people james j. peterson ceo & chairman paul h. pickle coo & president steve litchfield cso & evp jim aralis cto david goren svp business affairs & chief legal and compliance officer john hohener cfo products fpga system on a chip raid host adapter nvme controllers power over ethernet time server atomic clock pll frequency synthesizer mmic varactor pin diode audio processor ethernet switch ethernet phy transceiver gan transistors sic mosfet power module revenue 1 245.6 million usd 2015 1 operating income 122.6 million usd 2015 net income 84.60 million usd 2015 number of employees 4 800 2016 website www.microsemi.com microsemi corporation is an american manufacturer of semiconductor and system solutions for communications data center defense & security aerospace and industrial markets . microsemi is headquartered in aliso viejo california and has offices in california camarillo cupertino garden grove san diego san jose santa clara santa rosa ; boulder colorado ; atlanta georgia ; beverly lawrence and lowell massachusetts ; allentown and reading pennsylvania ; austin and dallas texas ; ottawa canada ; macau shanghai and shenzhen china ; herlev denmark ; bruges france ; ennis ireland ; hod hasharon israel ; manila and cabuyao philippines ; caldicot united kingdom ; and hyderabad india . 2 this list does not include properties acquired together with pmc sierra . contents 1 history 1.1 1959 to 1970 early years 1.2 1971 to 2000 the philip frey jr years 14 1.3 2000 to present the james j. peterson years 2 products 3 acquisitions 41 3.1 1980s acquisitions 3.2 1990s acquisitions 3.3 2000s acquisitions 3.4 2010s acquisitions 4 awards 5 controversies 5.1 james peterson education claims 5.2 differential power analysis dpa vulnerability 6 references 7 external links history edit 1959 to 1970 early years edit microsemi was founded in february 1959 3 in culver city california 4 as microsemiconductor . it incorporated in delaware on september 27 1960 . 5 a trade catalog and price lists from this early period can be found at the smithsonian institution . 6 in march 1963 a. feldon represented microsemiconductor corp in the advisory panel of suppliers at the ieee session on components for miniaturized electronic assemblies . 7 according to the missiles and rockets magazine in 1964 molecular packaging of integrated circuits has been suggested by microsemiconductor corp. this would involve the same process the company uses for diodes it supplies to the improved minuteman program . 8 microsemiconductor is cited in 1965 as supplier of miniature silicon diodes that are ideal to use as beam profile detectors or to measure depth dose distribution of small collimated beams . by university of california s ernest o. lawrence radiation laboratory . 9 in 1966 two of the company s engineers e.s.resnond and m.w. stillwell published a production engineering measures study on high voltage oscillators . 10 as of 1969 microsemiconductor s address was still 11250 plaza court culver city ca 90230 . 11 on august 13 1969 standard resources corporation from copiague new york a close end management investment company filed at the u.s. securities and exchange commission a request to merge with microsemiconductor . 12 this request disclosed that the major shareholders of microsemiconductor as of may 31 1969 were arthur feldon 31 % steve manning 31 % and thomas c. hall 10 % . at the end of the proposed merger the company would retain the name microsemiconductor . at the time j.m. kaplan s jemkap inc owned 37.7 % of the outstanding common shares of standard which would make him the owner of 18.9 % of the surviving company . standard resources and microsemiconductor merged in november 1969 . 13 1971 to 2000 the philip frey jr years 14 edit according to the orange county business journal in 1971 the new york operation was spun off and philip frey jr. was brought on from teledyne inc. s semiconductor division in hawthorne to head microsemiconductor . at the time the company had annual sales of about 500 000 almost entirely to defense industry customers . in 1972 the company moved from culver city to santa ana california . microsemi still was almost exclusively a defense business in 1987 but by then sales were close to 50 million . that same year the company did a 35 million convertible bond offering the proceeds of which were used to acquire about a dozen companies most of them struggling bargain buys . when the acquisitions began straining profitability frey didn t waste a lot of time admitting his mistake . in 1989 microsemi began selling them off . sales which hit a then high of 104 million in 1989 fell to 83 million by 1991 . but they ve grown almost every year since and are expected by analysts to exceed 150 million for the fiscal year just ended . 1996 4 on july 1 1982 jemkap inc acquired 48.6 % of microsemiconductor class a stock . 15 and microsemisemiconductor acquired the siemens components group in scottsdale arizona . 16 17 microsemiconductor renamed itself to microsemi in february 1983 . 18 on march 9 1986 microsemi at the time a supplier of high performance semiconductor diodes in a variety of military industrial and commercial products issued 2.5 million shares of common stock . up until this time jacob m kaplan of new york owned or controlled 38.4 % of the company shares and was 94 years old . 19 microsemi raised 26 million in the stock sale . 20 jacob merril kaplan who was a philanthropist died in manhattan ny on july 20 1987 . 21 microsemi was originally traded over the counter commonly traded as micrsm . 22 on march 1 1990 microsemi joined the nasdaq exchange . 23 on march 1 1987 microsemi sold 35m in convertible debentures . 24 between 1986 and 1990 microsemi acquired over 60 % of the shares of 11 companies . in june 1991 microsemi created two join ventures in taiwan for packaging in taiwan its component dies made in santa ana california . 25 microsemi established its presence in ireland in 1992 through the acquisition of a facility in ennis co. clare . the ennis facility s key competencies are the development manufacturing and high reliability testing of semiconductors to meet stringent aerospace satellite medical and security standards . in july 1992 microsemi acquired unitrode s semiconductor products division . in february 1993 microsemi s stock crashed 54 % because of a cash crunch . microsemi has been restructuring for several years as defense budget cuts have slowed its sales . in 1989 the company said it planned to sell or close 10 subsidiaries not related to its core business of manufacturing computer chips for use in electronics equipment ranging from military weapons to heart pacemakers . the company sold four subsidiaries shut down one combined two and retained three . the company took 20.5 million in write offs during the past three years in connection with the restructuring . 26 in april 1994 microsemi formed a joint venture in china with shanghai electrical apparatus with 60 % of the joint venture belonging to microsemi . 27 linfinity whose ceo was jim peterson 28 was the first integrated circuit company acquired by microsemi in 1999 . 2000 to present the james j. peterson years edit on november 30 2000 microsemi promoted jim peterson to president and ceo . jim peterson was previously the president of linfinity . 29 in 2001 microsemi relocated its headquarters from santa ana california to irvine california . 30 between 2006 and 2011 microsemi acquired a mix of space hi reliability focused companies mdt tsi babcock spectrum microwave defense security focused companies endwave white electronics arxan brijot aml and also companies focused in discrete and ic power products for commercial applications advanced power technology powerdsine nexsem as well as communications focused companies powerdsine vt silicon zarlink a programmable logic company actel and an asic design house foucsed on analog mixed signal asic advantage . in 2011 microsemi relocated its headquarters from irvine california to aliso viejo california . 31 in august 2012 microsemi marked its 20 years of operations in ireland by naming ennis its european headquarters . it also announced the inaugural microsemi scholarship in engineering at the university of limerick . in addition the company funded a high profile science and aerospace engineering programme in st. flannan s school in ennis . 32 microsemi works closely with the industrial development authority ida ireland which is responsible for attracting and developing overseas investment in ireland . support from ida ireland was a key factor in the company s decision to invest in the region . 33 between 2012 and 2013 microsemi acquired timing companies the timing business of maxim integrated products symmetricom in addition to zarlink . in november 2013 jim peterson promoted paul pickle to coo and president retaining the ceo position and accumulating the position of chairman of the board . 34 in 2014 microsemi established a design group in cork ireland through the acquisition of mingoa 35 which is focused on advanced system on chip soc software and solutions with an emphasis on arm processor centric designs . between 2014 and 2015 microsemi acquired communications and data center focused companies mingoa centellax vitesse pmc sierra . in march 2016 microsemi announced the divestiture of the defense focused business units acquired between 2009 and 2011 . 36 in april 2016 microsemi announced the divestiture of its broadband wireless division which was previously part of pmc sierra for 21m . 37 products edit microsemi has been producing various electronic products including high performance and radiation hardened analog mixed signal integrated circuits fpgas socs and asics ; power management products ; timing and synchronization devices and precise time solutions voice processing devices ; rf solutions ; discrete components ; enterprise storage and communication solutions security technologies and scalable anti tamper products ; ethernet solutions ; power over ethernet ics . 38 39 microsemi has provided semiconductor solutions for numerous u.s. space programs dating back to the launch of the first atlas rocket . several of microsemi s space products were used in the historic landing of the mars curiosity rover in 2012 . 40 microsemi products were also used for mission critical applications such as launch systems avionics telemetry navigation drive control mission computers cameras and other instruments . 40 fpgas and socs flash based fpgas and socs from 5k to 150kluts space grade fpgas space grade analog front end for fpgas storage raid controllers and adaptec sas sata host adaptors hba controllers and adaptec sas sata host adaptors sas sata switches and adaptec expanders flashtec nvme controllers flashtec nvmram drives switchtec pcie switches ethernet and network processors ethernet switches ethernet phys ethernet software winpath network processors optical products optical transport network otn products optical line drivers power over ethernet poe injectors poe switches poe pse ics poe pd ics audio and voice audio processors slic timing & synchronization time servers atomic clocks rugged oscillators pll frequency synthesizers precision time protocol grand masters and software power management switching and linear voltage regulator electronic fuses ideal solar bypass devices space grade power supply power discretes and modules sic diodes mosfets and power modules igbts bjts diodes and jfets rf transceivers ultra low power wearable radio implantable radio wlan rf front end power amplifiers lnas fems rf microwave discretes mmics pin diodes varactors gunn diodes gallium nitride transistors circuit protection tvs diodes medical surge protection acquisitions 41 edit 1980s acquisitions edit 2h 1982 siemens components group scottsdale arizona 42 july 1986 bikor 43 divested in july 1993 44 july 1986 rpm enterprises 45 june 1987 solitron s rectifier assembly unit 46 july 1987 hybrid components inc 47 august 1987 diodes incorporated 20 % 48 divested in january 1990 49 september