News & Events
Intersil CEO Dave Bell Discusses Acquisition of Kenet Corporation on WallStreet.net “3-Minute Press Show”
Chief Executive Says Purchase of Major Analog-to-Digital Converter Company Demonstrates Company’s Overall Fiscal Health and Long-Term Strategy
MILPITAS, CA, October 3, 2008 Intersil Corporation (NASDAQ Global Select: ISIL), a world leader in the design and manufacture of high-performance analog semiconductors, today announced that CEO Dave Bell will discuss the companys acquisition last week of Boston-based Kenet, Corporation on WallStreet.nets 3-Minute Press Show.
The acquisition of Kenet immediately gives Intersil leadership in high-speed [analog-to-digital converter] markets and give us access to many un-served markets, said Bell. As more and more products use digital signal processing technology, theres a growing need for high-speed data converters to bridge to the analog world.
The purchase of Kenet, along with the recent acquisition of D2Audio, marks the second Intersil acquisition just this quarter. Intersils historically strong cash position is enabling it to make key strategic acquisitions, explained Bell.
The full interview with CEO Dave Bell can be seen at:
http://tv.wallst.net/r/3-minute-press/Dave-Bell-ISIL-NYSE/278/1107
WallStreet.net is a division of Wallstreet Direct, Inc. a Financial Media Group, Inc. company.
Note to editors: To view a high-resolution downloadable photo of Dave Bell, visit Intersils photo room at: http://www.intersil.com/pressroom/photoarchives.asp.
About Intersil
Intersil Corporation is a leader in the design and manufacture of
high-performance analog semiconductors. The Company's products address some of
the industry's fastest growing markets, such as, flat panel displays, cell
phones, other handheld systems, and notebooks. Intersils product families
address power management functions and analog signal processing functions.
Intersil products include ICs for battery management, hot-swap and hot-plug
controllers, linear regulators, power sequencers, supervisory ICs, bridge
drivers, PWM controllers, switching DC/DC regulators and power MOSFET drivers;
optical storage laser diode drivers; DSL line drivers; video and
high-performance operational amplifiers; data converters; interface ICs; analog
switches and multiplexers; crosspoint switches; voice-over-IP devices; and ICs
for military, space and radiation-hardened applications. For more information
about Intersil or to find out how to become a member of our winning team, visit
the Company's web site and career page at
www.intersil.com.
