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Peregrine Semiconductor Hosts Ceremony After Close of Murata Acquisition

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KYOTO, Japan and SAN DIEGO, Jan. 7, 2015 /PRNewswire/ -- Murata Electronics North America, Inc., a wholly owned subsidiary of Murata Manufacturing Co., Ltd., (TSE 6981) and Peregrine Semiconductor Corporation, founder of RF silicon on insulator (SOI) and pioneer of advanced RF solutions, celebrate the closing of the Murata acquisition. At its San Diego headquarters Peregrine hosts an "opening ceremony" to commemorate its next chapter as Peregrine Semiconductor, a Murata company. Norio Nakajima, Executive Vice President, Director of Communication Business Unit of Murata, David Kirk, CEO of Murata North Americas and Jim Cable, Peregrine's President and CEO give presentations highlighting the many synergies between Murata and Peregrine. The ceremony, themed "Combining Our Histories," is based on a common pride that each company has in their successful, groundbreaking histories.

Norio Nakajima (left), Executive Vice President, Director of Communication Business Unit of Murata, and Jim Cable (right), President and CEO of Peregrine Semiconductor, celebrate the closing of the Murata acquisition of Peregrine Semiconductor.

"We welcome Peregrine Semiconductor employees to Murata—a global family that is comprised of over 100 companies in 23 nations," says Norio Nakajima, Executive Vice President, Director of Communication Business Unit of Murata. "Through this acquisition, we further define Murata's stance as an 'Innovator in Electronics' and look forward to accomplishing many great things in the years ahead."

"From our first meeting with Murata in 2003 to our recent acquisition, our two companies have enjoyed a successful business relationship," says Jim Cable, President and CEO of Peregrine Semiconductor. "As Peregrine embarks on our next chapter as a Murata company, we anticipate new opportunities and growth. Peregrine will continue to solve the world's toughest RF challenges, and we will benefit from deeper resources and a wider reach than ever before."

About Peregrine Semiconductor

Peregrine Semiconductor Corporation, a Murata company, is the founder of RF silicon on insulator (SOI) and is a leading fabless provider of high-performance, integrated RF solutions. Since 1988 Peregrine and its founding team have been perfecting UltraCMOS® technology—a patented, advanced form of SOI—to deliver the performance edge needed to solve the RF market's biggest challenges, such as linearity. With products that deliver best-in-class performance and monolithic integration, Peregrine is the trusted choice for market leaders in automotive, broadband, industrial, Internet of Things, mobile devices, smartphones, space, test-and-measurement equipment and wireless infrastructure. A Murata company since December 2014, Peregrine holds more than 180 filed and pending patents and has shipped over 2 billion UltraCMOS units. For more information, visit http://www.psemi.com.

About Murata Americas

Murata Americas regional headquarters is Murata Electronics North America, Inc., a wholly owned subsidiary of Murata Manufacturing Co., Ltd., whose global headquarters are in Kyoto, Japan. Murata Americas is the organization responsible for the regional management of the Murata companies located in North and South America. Murata Americas serve as the regional and functional headquarters supporting our customers' engineering and procurement activities throughout the Americas.

About Murata

Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world. For more information, visit Murata's website at www.murata.com.

Murata Manufacturing Co., Ltd. Contacts:

Takumi Ikushima, Public Relations Manager +81 75 955 6786

Junko Matsumura for Press: +81 75 955 6786

Harumi Sekiguchi for Press:  +81 75 955 6786

Peregrine Semiconductor Contact:

Elizabeth Brown for Press: +1 619 993-4648; pr@psemi.com

PSMI), founder of RF SOI (silicon on insulator), is a leading fabless provider of high-performance, integrated RF solutions. Peregrine's UltraCMOS(R) technology - a patented, advanced form of SOI - delivers the performance edge needed to solve the RF market's biggest challenges. Peregrine holds more than 180 filed and pending patents and has shipped over 2 billion UltraCMOS units." border="0" alt="Peregrine Semiconductor (NASDAQ: PSMI), founder of RF SOI (silicon on insulator), is a leading fabless provider of high-performance, integrated RF solutions. Peregrine's UltraCMOS(R) technology - a patented, advanced form of SOI - delivers the performance edge needed to solve the RF market's biggest challenges. Peregrine holds more than 180 filed and pending patents and has shipped over 2 billion UltraCMOS units." align="middle" src="http://photos.prnewswire.com/prnvar/20140818/136921"/>

 

Murata Completes Acquisition of Peregrine Semiconductor

Photo - http://photos.prnewswire.com/prnh/20150106/167403

Logo - http://photos.prnewswire.com/prnh/20140818/136921

Photo - http://photos.prnewswire.com/prnh/20150106/167416LOGO

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/peregrine-semiconductor-hosts-ceremony-after-close-of-murata-acquisition-300016954.html

SOURCE Peregrine Semiconductor Corp.

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