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===2000s===
On March 19, 2001 Fairchild Semiconductor announced that it had completed the acquisition of [[Intersil Corporation]]'s discrete power business for approximately $338 million in cash. The acquisition moved Fairchild to a position as the second largest power [[MOSFET]] supplier in the world, representing a 20 percent share of this $3 billion market that grew 40 percent last year.{{When|date=August 2012}}
On September 6, 2001 Fairchild Semiconductor announced the acquisition of Impala Linear Corporation, based in San Jose, CA for approximately $6 million in stock and cash. Impala brought with it expertise in designing analog power management semiconductors for hand-held devices like laptops, MP3 players, cell phones, portable test equipment and PDA's.
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On April 13, 2005, Fairchild announced appointment of Mark Thompson as CEO of the corporation. Thompson would also be President, Chief Executive Officer and a member of the board of directors of Fairchild Semiconductor International. He originally joined Fairchild as Executive Vice President, Manufacturing and Technology Group.<ref>{{cite web|title=Fairchild announces appointment of Mark Thompson as CEO|url=http://powerelectronics.com/news/semiconductor-vendor-president/|website=Powerelectronics.com|accessdate=2016-01-08}}</ref>
On March 15, 2006 Fairchild Semiconductor announced that Kirk P. Pond would retire as Chairman at the company's annual stockholders' meeting on May 3, 2006. Pond would continue as a member of the company’s board of directors.<ref>{{cite web|
title=Fairchild Semiconductor announces Kirk Pond's retirement as Chairman|
url=http://www.powerpulse.net/story.php?storyID=15035|website=Powerpulse.net|accessdate=2016-01-08}}</ref> Mark Thompson, then CEO, became Chairman.
On September 1, 2007, New Jersey-based RF semiconductor supplier Anadigics acquired Fairchild Semiconductor's RF design team, located in Tyngsboro, Massachusetts, for $2.4 million.
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