CML Microsystems, a semiconductors manufacturer, completed the acquisition of Microwave Technology, a RF & microwave discrete semiconductor products manufacturer, for $18m. "We are delighted to finally welcome MwT into the CML Group. Their dedicated and very experienced team will accelerate our multi-year growth strategy, enhancing the Group's existing competencies, whilst the strong cultural synergies bode well for the combined businesses over the medium term," Chris Gurry, CML Managing Director.