Leading semiconductor product supplier MACOM Technology Solutions Holdings, Inc. (“MACOM”) announced the acquisition of ENGIN-IC, Inc. (“ENGIN-IC”), a fabless semiconductor company located in Plano, Texas and San Diego, California. The company focuses on designing advanced gallium nitride (GaN) monolithic microwave integrated circuits (MMICs) and integrated microwave components. It is expected that ENGIN-IC’s design capabilities will enhance MACOM’s ability to serve the target market and help it increase market share.
ENGIN-IC was founded by industry veterans in 2014 and has been committed to serving the US defense industry since its inception. The company relies on self raised funds, small business innovation research (SBIR) contracts, US Department of Defense (DoD) research projects, and customized integrated circuit (“IC”) development projects for major defense contractors to create industry-leading products. Its product portfolio includes over 60 standard MMICs as well as more customized MMICs, such as high-efficiency power amplifiers, integrated transmit/receive chips, phase shifters, time delay units (TDUs), mixers and modulators, as well as S-to-K-band switch filter bank modules and L-to-K-band transmit/receive modules.
“We are delighted to welcome the ENGIN-IC team to MACOM. ENGIN-IC’s outstanding expertise in broadband and efficient MMIC and module design will help us better support our joint customers, “said Stephen G. Daly, President and CEO of MACOM.
Stephen Nelson, co-founder and Chief Technology Officer of ENGIN-IC, said, “We are delighted to join the MACOM team. MACOM’s talent pool and growth strategy are highly aligned with ENGIN-IC’s strengths, and we look forward to achieving success together. We are excited to participate in MACOM’s efforts to lead gallium nitride semiconductor processes and products.”
This transaction will be paid in cash and is expected to have little impact on MACOM’s recent financial performance.
About MACOM
MACOM designs and manufactures high-performance semiconductor products to serve industries such as telecommunications, industry, defense, and data centers. MACOM provides services to over 6000 customers annually, with product lines covering RF, microwave, analog and mixed signal, and optical semiconductor technologies. MACOM has obtained IATF16949 automotive standard certification, ISO9001 international quality standard certification, and ISO14001 environmental management standard certification. MACOM has operational facilities in the United States, Europe, and Asia, with its headquarters located in Lowell, Massachusetts. For more information, please visit www.macom.com.
About ENGIN-IC
ENGIN-IC is located in Plano, Texas and San Diego, California, providing differentiated advantages for companies seeking advanced MMIC and module solutions. The founder of the company has brought over a century of microwave product design experience to the defense, high reliability, and communication markets, from MMICs to complex RF subsystems. The company has a profound understanding of the needs of microwave technology and advanced RF product designers.