MACOM expands IC design expertise with acquisition of ENGIN-IC

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MACOM Technology Solutions, a supplier of semiconductor products, has announced that it has acquired ENGIN-IC.

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A fabless semiconductor company, ENGIN-IC designs advanced Gallium Nitride (GaN) monolithic microwave integrated circuits (MMICs) and integrated microwave assemblies and is located in Plano, Texas and San Diego, California.

ENGIN-IC’s design capabilities will help to strengthen MACOM’s ability to serve its target markets.

Founded in 2014, ENGIN-IC has been focused on serving the US defence industry since its inception and has used small business innovative research (SBIR) contracts, Department of Defense (DoD) research projects and custom integrated circuit (IC) development projects for prime defence contractors to build an extensive range of products.

Its product portfolio includes over 60 standard MMICs and many more custom MMICs, including high efficiency power amplifiers, integrated transmit/receive chips, phase-shifters, time delay units (TDUs), mixers and modulators, as well as S- to K-band switched filter bank modules and L- to K-band transmit/receive modules.

“We are excited to welcome the ENGIN-IC team to MACOM,” said Stephen G. Daly, MACOM President and Chief Executive Officer. “ENGIN-IC's exceptional wideband and high efficiency MMIC and module design expertise will enable us to better support our mutual customers.”

Stephen Nelson, ENGIN-IC Co-Founder and Chief Technology Officer added, “MACOM’s talented team and growth strategies align well with ENGIN-IC’s strengths, and we look forward to all that we can accomplish together. We are excited to be a part of MACOM’s efforts to lead the industry in GaN semiconductor processes and products.”

The transaction was funded with cash-on-hand and is expected to have an immaterial impact to MACOM’s near-term financial performance