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Semiconductors / Integrated Circuits

M/A-COM Technology Solutions and Mimix Broadband Complete Merger Transaction

June 2, 2010
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LOWELL, MA (USA) – June 2, 2010 – M/A-COM Technology Solutions Inc. (M/A-COM Tech), a leading supplier of semiconductors, components, and subassemblies for use in RF, microwave and millimeter-wave applications, announced today the completion of a previously-announced merger transaction that adds Mimix Broadband, Inc. (Mimix) and itssubsidiaries to the M/A-COM Tech family of companies. Mimix is a fabless supplier of high performance GaAs semiconductors from DC to 50 GHz for RF, microwave and millimeter-wave applications. Financial terms of the merger were not disclosed.

The management teams of M/A-COM Tech and Mimix will be combined to maximize growth opportunities created by the merger. Joseph Thomas, CEO of M/A-COM Tech prior to the merger, will continue as CEO of the combined organization. Rick Montgomery, Mimix Broadband’s CEO, will maintain a strategic role with M/A-COM Tech, pursing new technology and business opportunities.

“This advantageous merger with Mimix provides a highly complementary combination of technology, instantly creating the most compelling offering of Silicon- and GaAs-based high performance products,” stated Thomas. “Together we can offer our global customers full block diagram solutions to address their most demanding system needs.”

Montgomery added, “The combination of these two superior organizations creates an exponentially greater company and establishes a solid foundation for continued growth by offering a best-in-class set of solutions to our customers.”

For more information, please visit macomtech.com, mimixbroadband.com or m2advantage.com.

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