News Article
MACOM acquires Nitronex for $26 million
Nitronex's GaN‐on‐silicon adds to MACOM’s process and product portfolio addressing RF applications
M/A‐COM Technology Solutions Inc. (MACOM), a supplier of high performance analogue, RF, microwave and millimetre wave products, has acquired Nitronex, LLC, a specialist in the design and manufacture of GaN based RF solutions.
The acquisition of Nitronex is expected to provide MACOM with fundamental and innovative GaN‐on‐ silicon epitaxial and pendeoepitaxial semiconductor process technology and materials for use in RF applications, establishing MACOM’s growing GaN technology portfolio as one of the broadest in the industry.
Nitronex previously leveraged this technology to offer the industry’s first GaN‐on‐silicon RF discrete devices and MMICs, providing a unique combination of GaN‐based performance, ease of integration and a cost structure that can support high volume, mainstream markets.
The high device linearity, high output power and efficiency characteristics of GaN devices make GaN‐on‐silicon technology ideal for demanding high bandwidth communications such as CATV, broadband radio, wireless infrastructure, radar and ISM applications.
“GaN technology has been long viewed as the driver of the next generation of RF and Microwave applications,” says John Croteau, President and CEO, MACOM. “With today’s announcement, MACOM now provides what we believe to be the industry’s largest portfolio of GaN devices. MACOM’s broadened portfolio of GaN‐on‐silicon and GaN-on-SiC technologies offers customers the flexibility to utilise the best solution to solve their RF and Microwave design challenges.”
“Nitronex is excited to join MACOM, a leader in high performance RF and microwave technology,” says Greg Baker, President and CEO of Nitronex. “Today’s announcement accelerates the deployment of GaN as a dislocating technology and furthers Nitronex’s vision of bringing GaN‐on‐silicon to the fullest breadth of commercial and aerospace and defence applications possible. I believe MACOM’s more than thirty years of experience in high performance RF power devices can help propel GaN‐on‐silicon to the next level of commercialisation, bringing it to a truly mainstream volume production technology.”
MACOM purchased Nitronex from GaAs Labs, LLC for approximately $26 million in cash, subject to potential post‐closing adjustments.
MACOM financed the transaction through a draw of additional indebtedness from its revolving credit facility. GaAs Labs, LLC is an affiliate of the majority stockholder of MACOM’s parent company, M/A‐COM Technology Solutions Holdings, Inc.
The acquisition of Nitronex is expected to provide MACOM with fundamental and innovative GaN‐on‐ silicon epitaxial and pendeoepitaxial semiconductor process technology and materials for use in RF applications, establishing MACOM’s growing GaN technology portfolio as one of the broadest in the industry.
Nitronex previously leveraged this technology to offer the industry’s first GaN‐on‐silicon RF discrete devices and MMICs, providing a unique combination of GaN‐based performance, ease of integration and a cost structure that can support high volume, mainstream markets.
The high device linearity, high output power and efficiency characteristics of GaN devices make GaN‐on‐silicon technology ideal for demanding high bandwidth communications such as CATV, broadband radio, wireless infrastructure, radar and ISM applications.
“GaN technology has been long viewed as the driver of the next generation of RF and Microwave applications,” says John Croteau, President and CEO, MACOM. “With today’s announcement, MACOM now provides what we believe to be the industry’s largest portfolio of GaN devices. MACOM’s broadened portfolio of GaN‐on‐silicon and GaN-on-SiC technologies offers customers the flexibility to utilise the best solution to solve their RF and Microwave design challenges.”
“Nitronex is excited to join MACOM, a leader in high performance RF and microwave technology,” says Greg Baker, President and CEO of Nitronex. “Today’s announcement accelerates the deployment of GaN as a dislocating technology and furthers Nitronex’s vision of bringing GaN‐on‐silicon to the fullest breadth of commercial and aerospace and defence applications possible. I believe MACOM’s more than thirty years of experience in high performance RF power devices can help propel GaN‐on‐silicon to the next level of commercialisation, bringing it to a truly mainstream volume production technology.”
MACOM purchased Nitronex from GaAs Labs, LLC for approximately $26 million in cash, subject to potential post‐closing adjustments.
MACOM financed the transaction through a draw of additional indebtedness from its revolving credit facility. GaAs Labs, LLC is an affiliate of the majority stockholder of MACOM’s parent company, M/A‐COM Technology Solutions Holdings, Inc.
