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Announced

Completed

CML Microsystems completed the acquisition of Plextek RFI.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Private

Friendly

Completed

Semiconductors

Majority

Acquisition

Single Bidder

United Kingdom

semiconductor components

Synopsis

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CML Microsystems, which designs, manufactures and markets semiconductors, completed the acquisition of Plextek RFI, a UK-based design house specialising in the design and development of RFICs, MMICs and microwave/mm-wave modules. Financial terms were not disclosed. "PRFI's dedicated and experienced team enhances our strategy for expansion within Communications markets. Their design expertise expands upon the Group's existing skills and provides a new independent services and consulting income stream for CML" Chris Gurry, CML Group Managing Director.

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