Monolithic Power Systems, a company in high-performance power solutions, completed the acquisition of Axign, a fabless semiconductor startup that specializes in programmable multicore DSP. Financial terms were not disclosed. “When I listened to music from an Axign amplifier, I instantly recognized the excellent sound quality — the rich texture, wide dynamics, and clear spatial resolution. I realized that combined with MPS’s technologies, we can bring that audiophile quality to the mass market. Axign’s passion for delivering best-in-class performance products matches our culture — the pursuit of excellence. Axign will also bring its expertise and innovation not only to the audio market, but also to other applicable fundamental technologies for different market segments," Michael Hsing, MPS Founder and CEO.