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May 14th, 2010
M/A-COM Technology solutions and Mimix Broadband to merge
Mimix Broadband, an RF, microwave, and millimeter wave component company has agreed to be acquired by M/A-COM Technology.
The company's jointly announced that their respective corporate parents have signed a definitive merger agreement that will add Mimix and its subsidiaries to the M/A-COM Tech family of companies. Mimix is a fabless supplier of gallium arsenide (GaAs) semiconductors for DC to 50 GHz RF, microwave, and millimeter-wave applications. Under the terms of the merger agreement, Mimix Holdings, Inc. and its subsidiaries will join M/A-COM Tech as subsidiaries of M/A-COM Technology Solutions Holdings, Inc. The transaction is subject to customary closing conditions and is currently expected to close in late May 2010. Financial terms were not disclosed.
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