M/A-COM Technology Solutions Holdings Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) has completed its acquisition of Japan-based FiBest Ltd (a merchant-market component supplier of optical sub-assemblies) – announced on 17 November – in an all-cash transaction valued at about $60m.
“We are now better positioned to enhance the strategic value we deliver to customers by providing all of the technology, products and packaging to further extend MACOM’s preeminent position as a leading supplier of optical networking components,” believes MACOM’s president & CEO John Croteau.
“This transaction also significantly expands our addressable market in data centers for 100G data rates and beyond, while further unlocking a robust sales channel for MACOM in an estimated $500m RF and microwave component market in Japan,” he adds.
