Tuesday, November 5, 2013

MACOM to Acquire Mindspeed for $270 Million

M/A-COM Technology Solutions, a supplier of high performance RF, microwave, and millimeter wave products, agreed to acquire Mindspeed Technologies for $5.05 per share in a cash, a 66% premium over the company's previous close of $3.04 on November 4, 2013. This represents an enterprise value of $270 million.


Mindspeed, which is based in Newport Beach, California, supplies semiconductors for communications infrastructure, including broadband access networks (fixed and mobile), enterprise networks and metropolitan and wide area networks (fixed and mobile). Its main product lines include its Transcede family of low-power, multi-core system-on-chip (SoC) solutions for 3G and 4G/LTE small cell base stations, and its Comcerto family of processors for triple-play access gateways.

M/A-COM, which is based in Lowell, Massachusetts, supplies high performance RF, microwave, and millimeter wave products that enable next-generation internet and modern battlefield applications.

http://www.mindspeed.com/
https://www.macomtech.com/

0 comments:

Post a Comment

See also