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MACOM has acquired Mindspeed Technologies for $272 million, gaining two of the company's three divisions: high-performance analogue and communications processors. Intel has gained the third wireless infrastructure division of Mindspeed that includes 3G/ LTE infrastructure ICs and small-cell technology that Mindpseed gained with the acquisition of UK firm, Picochip, in 2012.
Ray MoroneyThe Mindspeed acquisition increases the serviceable addressible market for MACOM, both geographical - the company will strengthen its presence in Asia Pacific - and by gaining new equipment vendor accounts. It also broadens MACOM's 100 Gigabit physical device portfolio.
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