MACOM Announces Acquisition of Linearizer Communications Group
Summary
We look forward to executing a growth strategy utilizing the resources that MACOM can bring to bear.” The purchase price was approximately $49 million, funded with cash-on-hand. However, due to the timing of the acquisition closing, it is not expected to have a material impact on MACOM’s fiscal second quarter of 2023 revenue and adjusted EPS. MACOM services over 6,000 customers annually with a broad product portfolio that incorporates RF, Microwave, Analog and Mixed Signal and Optical semiconductor technologies. These forward-looking statements include, among others, statements about the potential market opportunity resulting from the acquisition of Linearizer Communications Group, Linearizer Communications Group’s capabilities and technology, MACOM’s ability to better address certain markets, expand its capabilities and extend its product offerings and the potential financial benefits derived by and financial impact to MACOM from the acquisition. These forward-looking statements reflect MACOM’s current views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause those events or our actual activities or results to differ materially from those indicated by the forward-looking statements, including, among other things, risks related to the ability of MACOM to realize the anticipated benefits of the transaction, MACOM’s ability to successfully supply, market and distribute its products and other business effects, including the effects of industry, market, economic, political or regulatory conditions, and those other factors described in “Risk Factors” in MACOM’s filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and other filings with the SEC.