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Mindspeed Tech. names executive Mindspeed Technologies Inc.,...

Mindspeed Tech. names executive

Mindspeed Technologies Inc., a Newport Beach semiconductor

company, announced Friday that Jay Cormier was named a Mindspeed

senior vice president and a general manager of one of the firm’s

business units.

Cormier, who has 20 years of experience with Norwood, Mass.-based

Analog Devices Inc., has been assigned to report to Mindspeed chief

executive Raouf Halim.

Cormier studied electrical engineering at Worcester Polytechnic

Institute before earning his business degree from Northeastern

University.

Collectibles firm makes purchase

Collectors Universe Inc., a Newport Beach company, announced

Tuesday that the firm finished a deal to purchase Certified Coin

Exchange Inc. for $2.18 million.

Certified Coin Exchange is a Houston-based company that operates

an Internet marketplace for dealers in coins, currency and bullion.

Collectors Universe’s services include grading collectibles such

as sports cards and coins.

Certified Coin Exchange’s business operations are slated to be

reorganized into a new subsidiary of Collectors Universe called

Certified Assets Exchange.

Experian buys Indiana firm

Experian, a Costa Mesa credit bureau, announced recently that it

has acquired Indiana-based Baker Hill Corp.

Baker Hill develops software and provides other products and

services to the banking and financial services industries. Experian

did not release the deal’s terms.

Baker Hill will become part of Experian’s business information

solutions division and remain in Carmel, Ind., according to a

statement.

Experian said Baker Hill’s managers and employees will keep their

jobs.

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