Cherry Semiconductor
Official Website: https://www.onsemi.com/company/news-media/press-announcements/en/on-semiconductor-completes-the-acquisition-of-cherry-semiconductor
Founded in 1972, Cherry Semiconductor Corporation has a strong heritage and expertise in the development of analog integrated circuit (IC) solutions for the power management and automotive markets.
Cherry Semiconductor's products include power management regulators, interface sensors, and switching and pulse-width modulated controllers.
Cherry Semiconductor's headquarters are in Rhode Island and it has operations around the world, including a design center in Irvine, California.It employed 970 people and has annual sales of approximately $130 million.
In 2000, Onsemi and The Cherry Corporation (NASDAQ: CHER)signed a agreement for the acquisition by Onsemi of Cherry Semiconductor Corporation, a subsidiary of The Cherry Corporation.