MaxLinear, Inc. completed its $80 million acquisition of Broadcom's wireless infrastructure backhaul business, which includes both baseband and RF backhaul technology and approximately 120 staff. The Broadcom team was addressing microwave, millimeter wave and 5G markets, which complements MaxLinear's focus on cable and satellite broadband communications, the connected home, data center, metro, long-haul fiber networks and wireless infrastructure.
Broadcom’s wireless infrastructure backhaul business generated approximately $30 million in revenue during calendar year 2015.
Kishore Seendripu, chairman and CEO of MaxLinear, said, “With today’s announcement of the completed acquisition of Broadcom’s wireless infrastructure backhaul business and the April 28, 2016 closing of the Microsemi Corporation’s wireless infrastructure access line business, as well as our own organic RF wireless infrastructure backhaul initiative, we are excited by the progression of our expanding footprint into the wireless infrastructure market. The channel synergies and customer relationships that come from both of these acquisitions, combined with MaxLinear’s CMOS RF design and integration capabilities, should accelerate MaxLinear’s total addressable market expansion efforts in the wireless infrastructure market, and lead to new levels of cost and power efficiency along with new levels of product performance in the wireless infrastructure market.”