Microsemi Invests in Xemod
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SANTA ANA — Microsemi Corp. said it invested $1 million in Xemod Inc., a Sunnyvale designer, manufacturer and marketer of power amplifier components for the cellular and wireless communication markets.
The investment will give Microsemi a 19% stake in Xemod, a Microsemi spokesman said.
Microsemi supplies power semiconductors and other products for the electronics, computer, telecommunications, space, defense and medical markets.