M/A-COM And Mimix Make Merger Official

M/A-COM Technology Solutions Inc. (M/A-COM Tech) and Mimix Broadband have moved a step closer to finalizing their merger. The companies jointly announced that their respective corporate parents have signed a definitive merger agreement that will add Mimix and its subsidiaries to the M/A-COM Tech family of companies. Pursuant to the agreement, Mimix Holdings, Inc. and its subsidiaries will join M/A-COM Tech as subsidiaries of M/A-COM Technology Solutions Holdings, Inc. The move adds Mimix's capabilities in semiconductors through 50 GHz to M/A-COM Tech's already strong product mix, and brings M/A-COM Tech's marketing expertise and operational experience to the Mimix companies.

According to Joe Thomas, Chief Executive Officer (CEO) of M/A-COM Tech, "This strategic merger with Mimix enables us to expand our product offering of high performance, multi-function MMIC solutions, which Mimix has deep expertise in developing. Combining this innovative technology with our quality excellence and operational efficiencies solidifies our leadership position as a multimarket supplier and enables more rapid growth and margin expansion."

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