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Intersil Acquires Kenet, a Performance Leader in High Speed Data ConversionMILPITAS, CA--(Marketwire - September 30, 2008) - Intersil Corporation ( NASDAQ : ISIL ), a worldleader in the design and manufacture of high-performance analog solutions,today announced that it has signed a definitive agreement to acquire Kenet,Incorporated, a privately-held, fabless semiconductor company with leadingtechnology in the design and manufacture of high speed, extremely low powerdata converters.
Kenet's innovative FemtoCharge® CMOS technology yields high performanceand ultra-low power analog-to-digital converters in an extremely small diearea. The size and power advantages of Kenet's data converters enableincreased functionality in a variety of industrial and communicationsproducts such as portable digital oscilloscopes and software definedradios.
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