MACOM has bought AppliedMicro for $770 million – representing a 15% premium to its prior-acquisition market cap – but says it will dispose of AppliedMicro’s computer business within 100 days of the deal closing. MACOM thinks that Applied Micro’s connectivity business comprising OTN framers, MACsec Ethernet networking components and PAM4 platform is complementary. MACOM thinks ...
Read full article: MACOM buys AppliedMicro
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