Macom Completes AppliedMicro Acquisition
Macom Technology Solutions Holdings announced it has successfully completed the acquisition of Applied Micro Circuits Corporation. With the transaction now closed, Macom plans to engage with previously identified potential buyers toward a near-term divestment of AppliedMicro’s compute business, said John Croteau, Macom’s president and chief executive officer. This portion of the business does not strategically align with Macom’s long-term product focus, according to Croteau, who added the company feels confident a successful transaction can be consummated.
“AppliedMicro’s leadership in MACsec and 100G to 400G single-Lambda PAM4 positions Macom as a preferred supplier to major enterprise and cloud data center providers, many of whom are adopting the technologies this year. Macom will now be able to support customers with all of the requisite semiconductor content for optical networks — analog, photonic and mixed signal PHY — from the switch to fiber for long haul, metro, access, backhaul and data centers,” Croteau said.