MACOM Sells Mindspeed Wireless Infrastructure Business Unit to Intel

John Croteau, president and CEO of MACOM. Photo: MACOM

[Via Satellite 02-24-2014] MACOM Technology Solutions Holdings has announced that its subsidiary Mindspeed Technologies has completed the sale of its wireless infrastructure business unit to Intel Corporation.

“As outlined in the announcement of our definitive agreement to acquire Mindspeed on Nov. 5, Mindspeed’s divestment of assets of its wireless infrastructure business unit has been successfully completed,” said John Croteau, president and CEO of MACOM. “This successful strategic divestiture allows MACOM to remain focused on our customers and core competencies within the high performance analog, RF, microwave and millimeter wave markets.”