MACOM Completes Acquisition of Wolfspeed’s RF Business
04 Dezember 2023 - 3:00PM
Business Wire
MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ:
MTSI), a leading supplier of semiconductor products, today
announced the completion of its acquisition of the radio frequency
business (the “RF Business”) of Wolfspeed, Inc. on December 2,
2023. The RF Business is highly complementary to MACOM’s portfolio
and creates a compelling combined technology solution.
“We are excited to welcome the RF Business team to MACOM,” said
Stephen G. Daly, President, Chief Executive Officer and Chair.
“Going forward, we are committed to supporting all product and
foundry customers and building upon the RF Business’ established
technology to strengthen our leadership position.”
About MACOM
MACOM designs and manufactures high-performance semiconductor
products for the Telecommunications, Industrial and Defense and
Datacenter industries. MACOM services over 6,000 customers annually
with a broad product portfolio that incorporates RF, Microwave,
Analog and Mixed Signal and Optical semiconductor technologies.
MACOM has achieved certification to the IATF16949 automotive
standard, the ISO9001 international quality standard and the
ISO14001 environmental management standard. MACOM operates
facilities across the United States, Europe, Asia and is
headquartered in Lowell, Massachusetts. To learn more visit
www.macom.com.
Special Note Regarding Forward-Looking Statements
This press release contains forward-looking statements based on
MACOM management’s beliefs and assumptions and on information
currently available to our management. These forward-looking
statements include, among others, statements about the expected
integration, operation and growth of the RF Business. These
forward-looking statements reflect MACOM’s current views about
future events and are subject to risks, uncertainties, assumptions
and changes in circumstances that may cause those events or our
actual activities or results to differ materially from those
indicated by the forward-looking statements, including, among other
things, our ability to develop new products and achieve market
acceptance of those products; component shortages or other
disruptions in our supply chain, including as a result of
geopolitical unrest or otherwise; inflationary pressures; any
failure to accurately anticipate demand for our products and
effectively manage our inventory; our dependence on a limited
number of customers; risks related to any weakening of economic
conditions; our ability to compete effectively; and those other
factors described in “Risk Factors” in MACOM’s filings with the
Securities and Exchange Commission (“SEC”), including its Annual
Report on Form 10-K, its Quarterly Reports on Form 10-Q and other
filings with the SEC. These forward-looking statements speak only
as of the date of this press release, and MACOM undertakes no
obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20231204306622/en/
MACOM Technology Solutions Holdings, Inc. Stephen
Ferranti Vice President, Corporate Development P: 978-656-2977 E:
stephen.ferranti@macom.com
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