CML Microsystems Acquires MicroWave Technology, Inc.
October 2, 2023
CML Microsystems Plc has completed the acquisition of MicroWave Technology, Inc. (MwT), a Silicon Valley–based compound semiconductor manufacturer founded in 1982 that specializes in GaAs and GaN MMICs, discrete devices and hybrid amplifier products. The deal expands CML Micro's product portfolio, strengthens its mmWave and high-frequency R&D capabilities, and aims to accelerate global market reach for MwT's products via CML's sales and distribution network.
- Buyers
- CML Microsystems Plc
- Targets
- MicroWave Technology, Inc.
- Industry
- Manufacturing
- Location
- California, United States
- Transaction Type
- Buyout
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