Cobham received a substantial order for Application Specific Integrated Circuits (ASICs) from MagTek Inc., the leading US manufacturer of secure payment solutions.
COLORADO SPRINGS, COLO. - Cobham has received a
substantial order for custom mixed-signal Application Specific
Integrated Circuits (ASICs) from MagTek Inc., the leading US
manufacturer of secure payment solutions. Cobham's ASICs
include MagTek's MagnePrint® technology; a dynamic card
authentication technology based on the unique physical properties
of the magnetic stripe. It provides validation that the card itself
is genuine and that its encoded data has not been altered thereby
stopping the use of counterfeit magnetic stripe cards. The
ASICs will be produced by Cobham Semiconductor Solutions, a
business unit of the Cobham Advanced Electronics Solutions
sector.
"Cobham is proud to support MagTek's secure point of sale
technology," said Jeff Hassannia, Senior Vice President of Business
Development and Technology for Cobham Advanced Electronic
Solutions. "Cobham has leveraged our highly differentiated analog
and mixed signal design expertise and our agile development team to
provide this solution to MagTek. When security and
reliability are paramount, Cobham's microelectronics deliver
performance and value for customers."
Founded in 1972, MagTek manufactures electronic systems for the
reliable issuance, reading, transmission and security of cards,
checks, PINs and identification documents. Leading with innovation
and engineering excellence, MagTek is known for quality and
dependability. Its products include secure card
reader/authenticators, token generators, EMV contact, contactless
and NFC reading devices, encrypting check scanners, PIN pads and
distributed credential personalization systems for secure magstripe
and EMV enabled cards. These products are used worldwide by
financial institutions, retailers, and processors to provide secure
and efficient payment and identification transactions.
Cobham has been providing the latest innovations in digital and
mixed-signal ASICs for over 30 years. Cobham's four design
centers are staffed with a team of mixed-signal design experts with
numerous years of IC design experience and have successfully
designed and released into production custom mixed-signal ASICs for
point of sale, industrial, telecommunications, medical, military,
and space applications.
Please visit www.cobham.com/HiRel for
product information.
About Cobham Semiconductor
Solutions
We are a global supplier of Standard HiRel ICs including memory,
µprocessor, interconnect & power and ASICs for space,
commercial, medical and industrial markets, along with Electronic
Manufacturing Services (Circuit Card Assembly, Radiation Testing,
Component Up-screening and Packaging).
Cobham Semiconductor Solutions' Colorado Springs site is a
supplier of semicustom and standard VLSI circuits and custom
circuit card assemblies. They have a Qualified Manufacturer List
(QML) certification for Class Q, Class T and Class V.
About Cobham
Cobham is a leading global technology and services innovator,
respected for providing solutions to the most challenging problems,
from deep space to the depths of the ocean.
We employ approximately 11,000 people on five continents, and
have customers and partners in over 100 countries, with market
leading positions in: wireless, audio, video and data
communications, including satellite communications; defence
electronics; air-to-air refuelling; aviation services; life support
and mission equipment.
Inquiries:
Teresa Farris
Marcom Manager
Cobham Semiconductor Solutions
+1 (719) 964-3617
teresa.farris@cobham.com