Mindspeed Technologies, Inc. (Mindspeed) designs, develops and sells semiconductor solutions for communications applications in the wireline and wireless network infrastructure, which includes enterprise networks, broadband access networks (fixed and mobile), and metropolitan and wide area networks (WAN). Mindspeed has organized its solutions for these networks into three product families: communications convergence processing (formerly known as multiservice access), high-performance analog and WAN communications. Its products are sold to original equipment manufacturers (OEMs) for use in a variety of network infrastructure equipment. The Company�s customers include Alcatel-Lucent, Cisco Systems, Inc., Huawei Technologies Co. Ltd. and Zhongxing Telecom Equipment Corp. In July 2011, the Company acquired IPG Communications, Inc. In February 2012, the Company acquired Picochip Limited. In November 2012, the Company sold of certain non-core patents.