MACOM Acquires Aeroflex's Diode Business for $38M in Cash

M/A-COM Technology Solutions Holdings, Inc. MTSI today announced that it has acquired 100% of Aeroflex's diode business for $38 million in cash. The business had approximately $37 million in revenue for the fiscal year ended December 31, 2014. Expected highlights of the transaction include: Extending MACOM's leadership position in RF and microwave diodes; Complementing existing product portfolio with addition of JAN-certified diodes and transistors; See full press release