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MACOM $770 million acquisition of Applied Micro Circuits

21/11/2016
Public acquisition
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$ 770 million

Announced

21/11/2016

Overview:

  • MACOM has acquired fellow chip maker Applied Micro Circuits in a $770 million deal.
  • The price tag comes to $8.36 per Applied Micro share.
  • MACOM is planning on divesting Applied Micro's Compute business within the first 100 days of closing the transaction.
  • Morgan Stanley & Co served as financial adviser for Applied Micro.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Technology and telecommunications

Firms:
Pillsbury Winthrop Shaw Pittman

Party: Applied Micro Circuits (Target)

Ropes & Gray

Party: MACOM (Acquirer)

Lawyer: Marko Zatylny

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