Market Overview

Peregrine Semi Closes Collaborative Sourcing, UltraCMOS License Deal with Murata

Peregrine Semiconductor Corporation (NASDAQ: PSMI), a fabless provider of high-performance radio frequency integrated circuits (RFICs), today announced the signing of a collaborative agreement with Murata Manufacturing Company on a multi-sourcing arrangement for RF switches based on Peregrine's proprietary UltraCMOS^® technology. Under the collaboration agreement, Murata agrees to source a majority of its RF switching requirements from Peregrine in exchange for being granted a license to purchase or manufacture RF CMOS switches utilizing Peregrine's technology and intellectual property (IP). The parties expect this agreement to result in an expanded source of supply for these critical RF components and to assure global OEMs broad access to RF CMOS products.

Peregrine Semiconductor pioneered RF CMOS-based devices with its UltraCMOS^® technology, an advanced form of silicon-on-insulator (SOI) process, and more than 20 years of research and development have resulted in 150 patents issued and pending. With this strong IP portfolio, Peregrine has established a leading position in the RF front-end section of mobile devices for RF switches and tunable RF components.

Murata is a leading supplier of RF front-end (RFFE) modules for the global mobile wireless marketplace. RF front-end modules are products that incorporate RF switches and tuning devices with SAW filters, passive components, and advanced packaging techniques.

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