Silicon Laboratories Inc., designs and develops analog-intensive, mixed-signal and integrated circuits (ICs) for a broad range of applications. The Company�s mixed- signal integrated circuits (ICs) are electronic components that convert real-world analog signals, such as sound and radio waves, into digital signals that electronic products can process. The Company provides analog-intensive, mixed-signal solutions for use in a variety of electronic products in a range of applications including portable devices, amplitude modulation/frequency modulation ( AM/FM )radios and other consumer electronics, networking equipment, test and measurement equipment, industrial monitoring and control, and customer premises equipment. In March 2014, Silicon Laboratories Inc purchased the full product portfolio and intellectual property of California-based Touchstone Semiconductor Inc.