MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI), a key player in semiconductor products, has officially concluded the acquisition of Wolfspeed, Inc.’s radio frequency business (RF Business) on December 2, 2023. This strategic move integrates the RF Business seamlessly into MACOM’s portfolio, forging a robust and cohesive technology offering.
Stephen G. Daly, President, Chief Executive Officer, and Chair of MACOM, expressed enthusiasm for the collaboration, stating, “We are thrilled to welcome the RF Business team to MACOM. Our focus moving forward is on providing unwavering support to all product and foundry customers while leveraging the established technology of the RF Business to fortify our leadership position in the industry.”
The acquisition positions MACOM to enhance its technological capabilities, leveraging the expertise and assets brought in by Wolfspeed’s RF Business. This consolidation of resources is poised to drive innovation and reinforce MACOM’s foothold in the semiconductor market.
