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Actel Corporation was a Mountain View, California-based leading manufacturer of microelectronics such as low-power, mixed-signal, and radiation-tolerant field programmable gate arrays (FPGAs) and associated development system software. The company served the industrial, communication, consumer, automotive, medical, military, and aerospace industries. Actel marketed its products through a worldwide sales and distribution network.
On October 10, 2010, the company was acquired by Microsemi Corporation for $20.88 per share through a cash tender offer. The total transaction was valued at approximately $430 million.
Microsemi Corporation, a wholly-owned subsidiary of Microchip Technology Inc., offers a comprehensive portfolio of semiconductor and system solutions for communications, defense and security, aerospace, and industrial markets. The company is headquartered in Aliso Viejo, California. The supplier for space (missions) worldwide was founded in 1985 and has 500 employees. They also design chips for the telecommunications industry and avionics, among other areas.
