Microsemi in Deal to Sell Medical Devices

Hoping to expand into new markets, Santa Ana-based semiconductor firm Microsemi Corp. said Monday it has joined forces with Advanced Power Technology to build and market devices to the medical community.

Microsemi supplies power semiconductors and other products for the electronics, computer, telecommunications, space, defense and medical markets. Advanced Power, based in Bend, Ore., is a research and development engineering firm that builds prototypes of medical devices.

The agreement gives Microsemi the exclusive right to market and sell products that the companies develop. Advance Power gains access to new technologies and a broader team of researchers and developers.

Financial details of the deal were not disclosed.