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New Deal


Announced

MACOM Technology Solutions to acquire OMMIC for €38.5m.

Financials

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Transaction Value£34m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

Cross Border

Pending

Private

semiconductor manufacturing

Acquisition

Majority

France

Electrical Components

Synopsis

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MACOM Technology Solutions, a supplier of semiconductor products, agreed to acquire OMMIC, , a semiconductor manufacturer with expertise in wafer fabrication, epitaxial growth and monolithic microwave integrated circuit processing and design, for €38.5m. “We are excited to acquire a new engineering and manufacturing facility located in France. The acquisition of OMMIC is expected to enable us to further increase our focus on the European markets, expand our wafer production capability and extend our product offerings to higher millimeter-wave frequencies, which are all in line with our long-term strategy. We believe that combining OMMIC’s technology and manufacturing capability with MACOM’s scale and market presence will be a driver of long-term growth and profitability,” Stephen G. Daly, MACOM President and CEO.

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