News: Microelectronics
7 November 2024
MACOM acquires fabless semiconductor firm ENGIN-IC
MACOM Technology Solutions Inc of Lowell, MA, USA (which designs and makes RF, microwave, analog and mixed-signal and optical semiconductor technologies) has acquired fabless semiconductor company ENGIN-IC Inc of Plano, TX and San Diego, CA, USA, which designs gallium nitride (GaN) monolithic microwave integrated circuits (MMICs) and integrated microwave module assemblies. It is expected that ENGIN-IC’s design capabilities will strengthen MACOM’s ability to serve its target markets and gain market share.
Since being founded in 2014, ENGIN-IC has focused on serving the US defense industry. The firm was self-funded and utilized small-business innovative research (SBIR) contracts, Department of Defense (DoD) research projects and custom integrated circuit development projects for defense prime contractors. 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.
“ENGIN-IC’s exceptional wideband and high-efficiency MMIC and module design expertise will enable us to better support our mutual customers,” says MACOM’s president & CEO Stephen G. Daly.
“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,” says ENGIN-IC’s co-founder & chief technology officer Stephen Nelson.
The transaction was funded with cash-on-hand and is expected to have an immaterial impact to MACOM’s near-term financial performance.
MACOM to lead US CHIPS Act-funded GaN-on-SiC technology development project
