Asset Manager

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Peregrine Semiconductor

Peregrine Semiconductor was founded in 1990 in San Diego by Ronald Reedy, John Brewer, and Timothy Morse, with a focus on developing RFICs using a...

Peregrine Semiconductor

Peregrine Semiconductor was founded in 1990 in San Diego by Ronald Reedy, John Brewer, and Timothy Morse, with a focus on developing RFICs using a proprietary silicon-on-sapphire (SoS) process. The technology offered superior linearity and isolation for high-frequency applications, positioning Peregrine as a niche player in the defense and telecom sectors. The firm designed and marketed RF switches, digital step attenuators, and tunable capacitors used in cellular base stations, military radios, and test equipment. Key customers included Harris Corporation, Thales, and Nokia. Peregrine operated a fabless model, relying on external foundry partners for wafer fabrication. The company's UltraCMOS technology combined sapphire substrates with CMOS processing. In 2014, Peregrine was acquired by Murata Manufacturing Company for JPY 31.4 billion (approximately USD 300 million) per public filings. Post-acquisition, Peregrine continued operations as a wholly owned subsidiary, maintaining its San Diego headquarters and brand identity. The company employs several hundred engineers and sales staff globally. Peregrine's structural differentiator was its intellectual property moat around SoS technology, which enabled RF components with lower power consumption and higher reliability than bulk-silicon equivalents. After the Murata acquisition, Peregrine gained access to Murata's distribution network and manufacturing capacity, while still operating as an independent business unit under the Peregrine name.

Website
psemi.com

General information

Firm type

Asset Manager

Year founded

1990

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Diego

Corporate office

San Diego, CA, United States

Principals

James Cable

CEO

Ronald Reedy

Co-Founder

Timothy Morse

CFO

John Brewer

VP Engineering

Sector focus

SemiconductorsRF TechnologyCommunications

Frequently asked questions

Who founded Peregrine Semiconductor?

Peregrine Semiconductor was co-founded in 1990 by Ronald Reedy, John Brewer, and Timothy Morse in San Diego. Reedy served as chief scientist, Brewer as VP engineering, and Morse as CFO (per public company records).

What technology does Peregrine Semiconductor specialize in?

Peregrine designs RF integrated circuits using silicon-on-sapphire (SoS) technology. Their UltraCMOS process combines sapphire substrates with CMOS logic for RF switches, tunable capacitors, and digital step attenuators used in communications and defense systems (per the firm's public documentation).

Was Peregrine Semiconductor acquired, and by whom?

Yes. In 2014, Murata Manufacturing Company acquired Peregrine for approximately JPY 31.4 billion. Murata continued Peregrine as a wholly owned subsidiary, retaining the brand and San Diego headquarters (per public filings).

Where does the underlying wealth come from?

Peregrine Semiconductor is not a family office or wealth manager. It is a semiconductor design company funded by venture capital and later acquired by Murata. The firm's financial capital originates from product sales and the acquisition exit, not an endowed family fortune.

Does Peregrine operate as a single family office?

No. Peregrine Semiconductor is a fabless semiconductor firm — a technology company that designs and markets RF chips but outsources manufacturing. It is not structured as a family office or asset manager.

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