TDK Semiconductor becomes Teridian Semiconductor
A leading provider of mixed-signal integrated circuits, TDK Semiconductor Corp., recently announced that it has changed its name to Teridian Semiconductor Corp. , effective immediately. The company was acquired from TDK-USA (subsidiary of Japan-based TDK Corp.) by Golden Gate Capital , in partnership with the U.S.-based semiconductor management team.
'The company's new name, Teridian Semiconductor Corporation represents an important step in our evolution as a leading mixed-signal device company. We believe the timing of the re-branding is especially important as we launch a number of new products in the residential and industrial meter, smart card reader, Ethernet, and WAN markets,' says Gerald Fitch, president and CEO of Teridian Semiconductor.
Teridian Semiconductor is an Irvine, CA-based fabless semiconductor company that designs and develops advanced analog and mixed-signal ICs. The company is reportedly working with customers to facilitate a seamless name change transition. Golden Gate Capital is a San Francisco-based private equity investment firm with approximately $2.5 billion of capital under management.
Frank J. Bartos, executive editor, Control Engineering