Anadigics buys Fairchild RF biz assets

Fairchild Semiconductor has closed a transaction to sell selected assets of its RF Group to Anadigics Inc. for cash.

The RF Group assets include licenses to intellectual property, customer and vendor lists, equipment and selected leases. Anadigics has hired 23 RF design and engineering professionals from the RF Group and will maintain the Massachusetts design center. As part of the transaction, Anadigics has agreed to assist Fairchild's transitionout of the RF business by providing both business and technical support for a period of time.

The move allows Fairchild to more sharply focus its power semiconductorand analog and mixed-signal product lines.