M/A-COM to acquire Mindspeed for US$ 272 million

Microwave component maker M/A-COM has agreed to acquire the communication semiconductor IC vendor Mindspeed Technologies for approximately US$ 272 million, (at a price of US$ 5.05 per share in cash tender offer). M/A-COM offers broad set of components for microwave and millimeter wave RF communication. Some of its components include gallium arsenide and other compound semiconductor based devices, MMIC amplifiers, LNA, communication ICs, GaN/SiC RF transistors, diodes, RF switch, passive microwave components, and multichip modules. M/A-COM serves wide range of market applications including aerospace and defence, and RF communication systems. Mindspeed is a fables semiconductor chip vendor serving both wired and wireless telecom infrastructure market such as optical and broadband 4G/3G base stations. Mindspeed is known for its communication processors called comcerto, enabling design of customer communication terminal equipment gateways featuring voice over Internet protocol, data and video services to the broadband customers. Mindspeed also offers advanced analog ICs for optical communication systems. Mindspeed has reported 4% growth in revenue for its high performance analog business used in wired/optical communications in its recent quarterly revenue announcement, and it constituted 44% of the total Mindspeed's fiscal fourth quarter 2013 revenue. Whereas revenue from ...