Exar Corporation (Exar) is a semiconductor company that designs, sub-contracts manufacturing and sells silicon, software and subsystem solutions for industrial, datacom and storage applications. The Company’s product portfolio includes power management and interface components, datacom products, storage optimization solutions, network security and applied service processors. The Company’s products are deployed in a array of applications, such as portable electronic devices, set top boxes, digital video recorders, telecommunication systems, servers, enterprise storage systems and industrial automation equipment. On April 3, 2009, Exar completed the acquisition of hi/fn, inc. In June 2009, Exar completed the acquisition of Galazar Networks Inc., a fabless semiconductor company based in Ottawa, Canada.