Peregrine Semiconductor Corp. said recently that it plans to license its core UltraCMOS intellectual property for the first time, to Kyoto, Japan-based Murata Manufacturing Co. Details of the agreement are still being finalized, company executives said.

Under the proposed deal, Murata would be granted a license to design and manufacture radio frequency switches and other switch-related components using Peregrine’s technology and intellectual property.

Shares of Peregrine Semiconductor trade on the Nasdaq under the symbol PSMI.

— SDBJ Staff Report