Qualcomm Acquires Summit MicroelectronicsQualcomm Incorporated (NASDAQ: QCOM) today announced that it has acquired Summit Microelectronics (Summit), a leading developer and provider of progra...
Summit Microelectronics is the leader in flexible, highly integrated power management solutions combining precision power regulation with sophisticated digital control in a single chip. The company’s analog power IC devices are found in a variety of consumer, communications and computing applications. Summit solutions address one of the biggest challenges facing OEM developers today: increasing system functionality, performance and complexity while shrinking development time cycles. Summit is located in Sunnyvale, California.
“The summit team is very happy with the support from Nokia Growth Partners since they led our last round of funding. They have helped keep our relationship with Nokia on track, opened up further opportunities within Nokia and other major customers. They are an absolute pleasure to work with.”
Patrick Brockett, President & CEO, Summit Microelectronics