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Microsemi Joins the OpenPOWER Foundation With Focus on Data Center Security 2015-12-11
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Company Expands Market Focus Using its Award-Winning FPGAs to Enable Security, Storage and Computer Acceleration

ALISO VIEJO, Calif., Dec. 11, 2015 /PRNewswire/ -- Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced the company has joined the OpenPOWER Foundation, an open technical membership organization based on IBM's POWER microprocessor architecture founded in 2013 to enable data centers to rethink their approach to technology. Microsemi will collaborate with IBM and other OpenPOWER Foundation members to leverage its expertise in developing highly secure field programmable gate arrays (FPGAs), with an emphasis on moving toward more accelerated computing technology capabilities for data centers where timing, security and networking solutions are vital.

Microsemi Corporation.

"We are pleased to join the OpenPOWER Foundation, which allows Microsemi to focus on the expansion of our data center security capabilities and further elevate our solution offerings in this growing market," said Amr Elashmawi, Microsemi vice president of corporate and vertical marketing. "Our deep expertise in security and networking solutions allows us a significant advantage as we educate the data center community on how our innovative FPGAs and our networking solutions enable data center security, storage and computer acceleration."

As a new member of the nonprofit, Microsemi joins a growing roster of technology organizations working collaboratively to build advanced server, networking, storage and acceleration technology as well as industry-leading open source software aimed at delivering more choice, control and flexibility to developers of next generation, hyperscale and cloud data centers. The group makes power hardware and software available to open development for the first time, and makes power intellectual property (IP) licensable to others, greatly expanding the ecosystem of innovators on the platform.

As part of its OpenPOWER Foundation silver membership, Microsemi will focus on changing the use model for FPGAs in the computing market with FPGA-based security and acceleration technologies designed for next generation data centers. In addition, as Microsemi continues to roll out new networking products that operate at up to 25Gbps data rates, supporting important interoperability capabilities, Microsemi's goals align with the objectives of OpenPOWER's 25G IO Interoperability Mode Work Group. The company currently offers the industry's most secure FPGAs with differential power analysis (DPA)-certified countermeasures and layered cryptographic controls, allowing for true supply chain assurance and system authentication. By applying Microsemi's FPGA and security technology in the datacenter, operators and developers can deploy proprietary IP acceleration solutions while minimizing their risk of IP compromise.

"The development model of the OpenPOWER Foundation is ideal for industry-leading companies like Microsemi, as it elicits collaboration and represents a new way in exploiting and innovating around processor technology," said Calista Redmond, Director of OpenPOWER Global Alliances at IBM. "The Foundation will benefit greatly from Microsemi's FPGA expertise and its ability to provide both security and performance for the future demands of data centers and cloud computing."

The OpenPOWER Foundation includes a group of industry-leading companies working together to develop high-performance computing solutions based upon IBM's POWER architecture. Members include IBM, Google, Mellanox, Micron, NVIDIA, Samsung, Tyan, Xilinx, ZTE and dozens of esteemed higher education institutions. For more information, visit www.openpowerfoundation.org.

About Microsemi Microsemi Corporation (Nasdaq: MSCC) offers a comprehensive portfolio of semiconductor and system solutions for communications, defense & security, aerospace and industrial markets. Products include high-performance and radiation-hardened analog mixed-signal integrated circuits, FPGAs, SoCs and ASICs; power management products; timing and synchronization devices and precise time solutions, setting the world's standard for time; voice processing devices; RF solutions; discrete components; security technologies and scalable anti-tamper products; Ethernet solutions; Power-over-Ethernet ICs and midspans; as well as custom design capabilities and services. Microsemi is headquartered in Aliso Viejo, Calif., and has approximately 3,600 employees globally. Learn more at www.microsemi.com.

Microsemi and the Microsemi logo are registered trademarks or service marks of Microsemi Corporation and/or its affiliates. Third-party trademarks and service marks mentioned herein are the property of their respective owners.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to it joining the OpenPOWER Foundation, and its potential effects on future business, are forward-looking statements. These forward-looking statements are based on our current expectations and are inherently subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The potential risks and uncertainties include, but are not limited to, such factors as rapidly changing technology and product obsolescence, potential cost increases, variations in customer order preferences, weakness or competitive pricing environment of the marketplace, uncertain demand for and acceptance of the company's products, adverse circumstances in any of our end markets, results of in-process or planned development or marketing and promotional campaigns, difficulties foreseeing future demand, potential non-realization of expected orders or non-realization of backlog, product returns, product liability, and other potential unexpected business and economic conditions or adverse changes in current or expected industry conditions, difficulties and costs of protecting patents and other proprietary rights, inventory obsolescence and difficulties regarding customer qualification of products. In addition to these factors and any other factors mentioned elsewhere in this news release, the reader should refer as well to the factors, uncertainties or risks identified in the company's most recent Form 10-K and all subsequent Form 10-Q reports filed by Microsemi with the SEC. Additional risk factors may be identified from time to time in Microsemi's future filings. The forward-looking statements included in this release speak only as of the date hereof, and Microsemi does not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

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