News | January 30, 2008

Fox Electronics Acquires Semiconductor Design Company Jet City Electronics

Fort Myers, FL -- Fox Electronics has announced its acquisition of Jet City Electronics, Inc., a Seattle, Washington-based fabless semiconductor design firm.

E.L. Fox, Jr., President of Fox Electronics, said, "As the global leader in frequency control solutions, we give our customers products that provide the very best cost-performance ratios, as well as the broadest product offerings. The acquisition of Jet City enhances our ability to do this by bringing fresh, strategic technology that is ready for implementation into the market, instead of relying on endless traditional cost reduction techniques that are running out of steam. This, in turn, enables us to both develop and implement the latest technologies into our product offerings.quickly and cost-effectively."

Established in 1994, Jet City has pioneered several technologies used in the high frequency timing industry and several maskless memories to increase reliability while reducing fab costs. The company's core business includes high performance, analog intensive, mixed signal application specific integrated circuits using PLL architectures.

Jet City was instrumental in the development of Fox's new line of Xpress configurable oscillators. This product line provides the frequency control market with devices that deliver extremely low jitter and phase noise, lower cost, faster deliveries and custom frequencies from 0.75 MHz to 1.35 GHz.

As a wholly-owned subsidiary, Jet City will continue to provide Fox with timing ASICs as well as with core research and development. In addition, to enhance the knowledge and presence of this unique semiconductor capability within the Fox organization, the President of Jet City, John Fallisgaard, will be joining Fox's Board of Directors.

SOURCE: Fox Electronics