The hybrid product line from Cirrus Logic Inc.’s Tucson-based Apex Precision Power business unit has been sold for $26 million (USD) to a group of private investors led by Alerion Capital, headquartered in Scottsdale, Arizona (US). In doing so, Apex Microtechnology, Inc., which Cirrus Logic acquired in July 2007, has been re-established as a stand-alone corporation.
The Apex Microtechnology brand has a long-standing reputation as an innovator in the design and manufacturing of high-power analogue microelectronics that help customers work with the inherent electrical and thermal management issues of end-use circuitry requiring power levels of up to 50 amperes (A) and 1200 volts (V). These devices are typically used to generate motion control, such as driving piezo-electrical devices, as well as brush and brushless direct-current (DC) motors.
Target application markets include high-reliability industrial, test and measurement, medical, aerospace and defense. During its five-year Cirrus Logic tenure, the Apex Precision Power business unit added precision voltage references to complement its existing power operational and pulse-width-modulation (PWM) amplifiers. Today, the company has more than 300 product models in its catalogue of off-the-shelf component solutions.
Apex Microtechnology will continue design engineering and manufacturing operations at its headquarters facility in Tucson, Arizona. This 50,000-square-foot, ft2 (~4600-square-metre, m2) facility includes a 20,000-ft2 (~1900-m2) Class 5 clean room. The company will retain more than 80 full-time and part-time degreed professionals and skilled employees.
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