The business world is constantly evolving, and one of the most significant ways for companies’ growth is through mergers and acquisitions. Throughout 2023, we've seen a number of significant mergers take place in the RF & Microwave Industry. From tech giants to smaller companies coming together to form a new powerhouse, these mergers have the potential to shake up the market and redefine business practices positively. Here at everything RF, we've compiled a list of the most notable mergers and acquisitions in the RF & Microwave Industry in 2023.
In a strategic move to expand its global presence, JQL Technologies Corporation, a prominent U.S. manufacturer specializing in RF and microwave components, has acquired the 1ft to 6ft Microwave Antenna manufacturing assets from Radio Frequency Systems in Trignac, France. Radio Frequency Systems (RFS), renowned for its innovative cable solutions, confirmed the acquisition, highlighting JQL's interest in the 1ft to 6ft Microwave Antenna range spanning from 6 GHz up to 80 GHz. The deal strengthens JQL's position as a leading player in the RF and microwave technology sector. Read more
Ceragon Networks, the global innovator and leading solutions provider of 5G wireless transport, announced that it completed the previously announced acquisition of Siklu, a provider of multi-Gigabit "wireless fiber" connectivity in urban, suburban and rural areas. The acquisition creates a more comprehensive, end-to-end offering ideally targeted to small service providers and private networks around the world. In particular, the combination gives Ceragon immediate access to Siklu's established leadership in the millimeter-wave market in North America including its Fixed Wireless Access offering. Read more
Wolfspeed, a global leader in Silicon Carbide technology, has announced that it has completed the sale of its radio frequency business to MACOM, effective December 2, 2023. Under the transaction terms, Wolfspeed received approximately $75 million in cash. The term is subject to a customary purchase price adjustment, and 711,528 shares of MACOM common stock, which had a market value of approximately $60.8 million based on the closing price for MACOM’s common stock on December 1, 2023, as reported on the Nasdaq Global Select Market. Read more
BlueHalo, a leading provider of critical capabilities and technologies across the space, air, and cyber domains, has announced the acquisition of Ipsolon Research. BlueHalo is a portfolio company of Arlington Capital Partners, a Washington, D.C.-area private equity firm with extensive experience investing in regulated industries. The financial terms of the transaction were not disclosed. Read more
Q Microwave, Inc., a designer and manufacturer of mission-critical radio frequency components, has announced its acquisition by Amphenol Corporation, one of the world's largest designers and manufacturers of interconnect solutions. The acquisition took place during the third quarter, which concluded in September 2023. Q Microwave will be included in Amphenol's Harsh Environment Solutions Segment. Read more
TransDigm has announced it has entered into a definitive agreement to acquire the Electron Device Business of Communications & Power Industries, a portfolio company of TJC, for approximately $1.385 billion in cash. Read more
AMETEK, a leading provider of amplifiers and EMC testing equipment for the defense, medical, communications, and automotive market has announced the acquisition of Amplifier Research Corp. (AR RF/Microwave Instrumentation), a leading manufacturer of RF and microwave amplifiers and electromagnetic compatibility (EMC) testing equipment. AMETEK has a diverse product portfolio including RF and microwave instrumentation amplifiers, hybrid power amplifier modules, antennas, and control software used to provide high-end EMC solutions. Read more
Ceragon Networks, the global innovator and leading solutions provider of 5G wireless transport, has entered into a definitive agreement to acquire Siklu, a provider of multi-Gigabit "wireless fiber" connectivity in urban, suburban, and rural areas, for an enterprise value of $13-15 million. Ceragon will issue approximately 1.5 million ordinary shares as a consideration to Siklu's shareholders. Ceragon is expected to assume financial liabilities of approximately $10-12 million, of which approximately $2.5 million are classified as long-term debt. Read more
Stellant Systems, Inc. (Stellant) and Comtech Telecommunications Corp. (Comtech) have announced that the companies entered into a definitive agreement under which Stellant will acquire Comtech’s Power Systems Technology (PST) product line for a total cash purchase price of $40 million, which includes a preliminary sales price of $ 35 million and contingent consideration up to $ 5 million based on the achievement of certain targets. Read more
Emerson announced that it has closed its acquisition of National Instruments (NI), a provider of software-connected automated test and measurement systems, at an equity value of $8.2 billion. The acquisition of NI advances Emerson’s position as a global automation leader and expands its opportunity to capitalize on key secular trends like nearshoring, digital transformation, and sustainability and decarbonization. Read more
Infineon Technologies, a global semiconductor leader in power systems and IoT, announced that it has acquired the Zurich-based startup 3db Access AG (3db), a pioneer in secured low-power Ultra-Wideband (UWB) technology. The acquisition of 3db, a preferred IP provider for major automotive brands, further strengthens Infineon’s portfolio for secured smart access, precise localization, and enhanced sensing. Read more
KYOCERA AVX, a leading global manufacturer of advanced electronic components, is acquiring assets of Bliley Technologies, a worldwide leader in the design and development of innovative, low-noise frequency control products for satellite applications. The asset transfer acquisition includes Bliley's business, equipment, people, and IP and will help KYOCERA AVX better serve sophisticated customers in the demanding military, aerospace, and defense markets. The acquired assets will operate under KYOCERA AVX Components Corporation (Erie) after final approval. Read more
Trexon, a leading provider of specialty connectivity solutions for mission-critical applications, announced the acquisition of C.E. Precision Assemblies, Inc. (CEPA). CEPA is an industry-recognized value-added manufacturer of RF/microwave build-to-print flexible and semi-rigid cable assemblies, as well as molded, and braided wire harnesses. This acquisition represents Trexon’s ongoing commitment to expanding its presence in the military and aerospace markets. Read more
CML Micro, a global provider of communication semiconductors, has completed the acquisition of Microwave Technology, Inc. (MwT), a distinguished compound semiconductor company headquartered in Silicon Valley. This acquisition marks a pivotal moment in CML Micro's strategic growth and product development. Read more
Cadence Design Systems, Inc. and CEVA, Inc. have agreed to Cadence's acquisition of Intrinsix Corporation, a CEVA subsidiary specializing in engineering solutions for the U.S. aerospace and defense sector. This acquisition will provide Cadence with a skilled engineering team well-versed in advanced nodes, radio frequency, mixed signal, and security algorithms. Read more
Abracon, a supplier of frequency control, timing, power, magnetics, RF and antenna solutions, has announced the brand revitalization of its recently acquired company, NEL Frequency Controls, a US-based manufacturer of ultra-low phase noise crystal oscillators and modules headquartered in Burlington, Wisconsin. Read more
BAE Systems announced that it has entered into a definitive Stock Purchase Agreement to acquire the Ball Aerospace business from Ball Corporation for $5.55 Billion in cash, subject to customary closing adjustments. The acquisition of Ball Aerospace enriches BAE Systems' multi-domain portfolio with mission-critical space systems and defense technologies across air, land, and sea domains. This alignment bolsters growth potential in areas crucial to the US Intelligence Community and Department of Defense, enhancing their position in military and civil space, C4ISR, and missile markets. Read more
Frontgrade Technologies, has announced the acquisition of Aethercomm, a designer and manufacturer of high-power radio frequency (RF) solid-state power amplifiers as well as transmit/receive and high-power RF switches. Read more
Marki Microwave, an innovator in the radio frequency and microwave industry for over 30 years, has announced it has acquired the waveguide business of Precision Millimeter Wave LLC, a supplier of sub-THz waveguide technology. The acquisition expands Marki Microwave’s reach into the evolving millimeter wave (mmWave) and sub-THz markets, enabling the company to create truly differentiated products that combine waveguide and traditional board-level connection methods. Read more
Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions has entered into an MOU to acquire Sequans Communications, a leader in 5G/4G cellular IoT chips and modules for $249 Million. Read more
Maury Microwave, a leading provider of RF calibration, measurement, emulation and modeling solutions backed by Artemis Capital Partners ("Artemis"), has completed its previously announced acquisition of Wireless Telecom Group for ~$45.6 Million. Read more
Trexon, a portfolio company of Audax Private Equity, a provider of connectivity solutions for mission-critical applications, announced that it has completed the acquisition of 603 Manufacturing, a value-added manufacturer of high-performance wire and cable assemblies, RF/microwave coaxial cable assemblies. Read more
Thales, a global leader in aerospace and defense technologies, has entered into exclusive negotiations to acquire Cobham Aerospace Communications, a renowned supplier of advanced safety cockpit communication systems. The proposed deal, valued at USD 1.1 billion, aims to bolster Thales' Avionics portfolio and strengthen its position in the communications and connectivity markets. Read more
American Standard Circuits and Sunstone Circuits have announced their merger, creating a dynamic partnership that will revolutionize the printed circuit board manufacturing landscape. This strategic alliance brings numerous advantages to customers, establishing a new standard of excellence in PCB solutions. Read more
Abracon, a supplier of Frequency Control, Timing, Power, Magnetics, RF and Antenna solutions, has announced the acquisition of NEL Frequency Controls, Inc., a US-based manufacturer of ultra-low phase noise crystal oscillators and modules headquartered in Burlington, Wisconsin. Read more
Keysight Technologies has announced its intention to acquire the entire share capital of ESI Group SA ("ESI Group") at a price per share of 155 euros in cash. The acquisition values ESI Group's entire share capital at 913 million euros on a fully diluted basis. Founded in 1973, ESI Group is a leading innovator of virtual prototyping solutions in automotive and aerospace end markets. Read more
Avanos Medical has announced that it has entered into a definitive agreement to acquire Diros Technology, a leading manufacturer of innovative radiofrequency (RF) products used to treat chronic pain conditions. Read more
Microwave Techniques LLC (MT), an innovator of high-power microwave solutions, announced the acquisition of Valvo Bauelemente GmbH (Valvo), a Germany-based company specializing in the manufacture of passive RF and microwave components, namely circulators, isolators, and loads, among other devices for high-power applications. Read more
ScandiNova Systems, a leading provider of high-end pulsed power systems, has announced the acquisition of Microwave Amps, a renowned producer of advanced RF amplifiers used in high-energy physics, medtech, radar, and various industrial applications. This strategic move by ScandiNova aims to expand its product portfolio and strengthen its Radio Frequency (RF) offering to align with future goals. Read more
Renesas, a premier supplier of advanced semiconductor solutions, has announced its successful completion of the acquisition of Panthronics, a fabless semiconductor company specializing in high-performance wireless products. The acquisition was completed as of June 1, 2023 CEST, following required regulatory approval. Renesas also announced 13 “Winning Combination” solution designs that combine Renesas’ products with Panthronics’ unique Near-Field Communication (NFC) technology, showcasing the continued expansion of Renesas’ portfolio, specifically in the connectivity space. Read more
Radientum Oy completed the acquisition of all TreSolver Oy on 26th of May 2023. Radientum is an antenna design company. They help customers develop superior antenna solutions for wireless products. With the expertise of design, simulation and testing from Nokia & Microsoft, their engineers can develop antennas from the very first concept innovation through Over-The-Air verification to ready-made prototypes. Read more
MACOM, a supplier of semiconductor products, has entered into a definitive agreement through one of its French subsidiaries to acquire the assets and operations of OMMIC SAS (“OMMIC”), a semiconductor manufacturer with expertise in wafer fabrication, epitaxial growth and monolithic microwave integrated circuit (“MMIC”) processing and design. Read more
Maury Microwave, a provider of RF calibration, measurement, emulation and modeling solutions backed by Artemis Capital Partners ("Artemis"), has entered into a definitive agreement to acquire the Wireless Telecom Group in a transaction that is expected to close in the third quarter of 2023, subject to the approval of Wireless Telecom Group Shareholders and the satisfaction of other customary closing conditions. Read more
NEC Corporation announced that it has entered into a definitive agreement with Aviat Networks to integrate its Wireless Transport Business with Aviat's in an asset purchase transaction valued at $70.0 million U.S. dollars in cash and shares. Read more
ITT has announced the acquisition of privately held firm, Micro-Mode Products (Micro-Mode) for approximately $80 million, which closed on May 2. Micro-Mode is a specialty designer and manufacturer of high-bandwidth Radio Frequency (RF) connectors for harsh environment defense and space applications. Read more
BlueHalo, a leading provider of critical capabilities and technologies across the space, air, and cyber domains, has acquired the Verus Technology Group. Founded in 2014, Verus designs, develops, and integrates counter-Unmanned Aerial Systems ("c-UAS") products utilizing industry-leading radio frequency ("RF") and digital signal processing ("DSP") technologies. Read more
Renesas, a premier supplier of advanced semiconductor solutions, has announced its wholly-owned subsidiary has entered into a definitive agreement with the shareholders of Panthronics, a fabless semiconductor company specializing in high-performance wireless products, under which Renesas will acquire Panthronics in an all-cash transaction. The acquisition will enrich Renesas’ portfolio of connectivity technology, extending its reach into high-demand Near-Field Communication (NFC) applications in fintech, IoT, asset tracking, wireless charging, and automotive applications. Read more
Radisys Acquires Point-to-Point/Multi-Point Solution Provider, Mimosa for $60 Million
Radisys Corporation, a wholly owned subsidiary of Jio Platforms Limited, announced the acquisition of Mimosa Networks, from Airspan Networks for US$ 60 million on a debt-free. Read more
RFMW, a specialized distributor of RF and microwave products, has announced the intention to acquire MRC Gigacomp (MRCG) and MRC Components (MRCC) in Germany. Both MRCG and MRCC represent and distribute industry-leading manufacturers of RF, microwave, and millimeter-wave components, in Germany, Austria, Switzerland, and Benelux. The agreement fortifies RFMW’s international presence, with a very impressive footprint across Europe, and it enhances its prominent position as a highly-skilled, experienced, and technical, sales and marketing organization. Read more
MACOM, a leading supplier of semiconductor products, has announced that it has acquired Linearizer Communications Group, a company that specializes in custom distortion solutions for ground and space-qualified satellite applications as well as RF on fiber photonic systems. Read more
CAES, a leading provider of mission-critical advanced RF technology, has acquired Herley, a company that delivers high-integrity, small Size, Weight and Power (SWaP) and application-specific RF and electronic warfare assemblies, tactical RF products and missile flight instrumentation solutions. Read more
Infinite Electronics, a global portfolio of leading in-stock connectivity solution brands, has completed the acquisition of Cable Connectivity Group (CCG) from Torqx Capital Partners and TKH Group NV. Headquartered in the Netherlands, CCG's brands operate across Europe, with offices and production and distribution facilities in the Netherlands, Germany, Italy, France, Belgium, Poland, and China. Read more
MACOM, a supplier of semiconductor products, has entered into a definitive agreement through one of its French subsidiaries to acquire the assets and operations of OMMIC SAS (“OMMIC”), a semiconductor manufacturer with expertise in wafer fabrication, epitaxial growth and monolithic microwave integrated circuit (“MMIC”) processing and design. Read more
Micross Acquires RF/Microwave Manufacturer, KCB Solutions
Artemis, a Boston-based private equity firm focused exclusively on partnering with differentiated Industrial Tech manufacturers, has completed the sale of KCB Solutions, a manufacturer of specialty high-reliability RF and Microwave technologies, to Micross Components, a provider of high-reliability microelectronic product and service solutions for Aerospace, Defense, Space, Medical, Industrial, and other applications. Read more
GapSat, a BVI company providing satellite operators with in-orbit geostationary communication satellites on an interim basis, has acquired QBX Limited, an Isle of Man based satellite solutions and consulting services company with a portfolio of satellite radio frequency spectrum and intellectual property. Read more
Epiq Solutions Acquires Xiphos Systems to Offer Software Defined Radios for Space Applications
Epiq Solutions (“Epiq”), a portfolio company of The Veritas Capital Vantage Fund, L.P. ("Vantage Fund"), and a provider of software defined radio (“SDR”) and turn-key radio frequency (“RF”) solutions for governments and enterprises, has acquired Xiphos Systems Corporation (“Xiphos”), a provider of high-performance, space-focused computing solutions. Financial terms were not disclosed. Read more
As of January 2023, APITech has officially become Spectrum Control. The new company name underscores strong heritage and the exciting future they are building together. Customers can expect to see many changes as they fully embrace this name and identity. What will not change is the commitment to helping customers build exceptional, high-reliability systems with superior RF technology and EMI protection. Read more
Micross Acquires KCB Solutions to Expand its Hi-Rel Component Portfolio
Micross Components, a leading provider of high-reliability microelectronic product and service solutions for aerospace, defense, space, medical, energy, industrial and other applications, has announced the acquisition of KCB Solutions, an innovative provider of RF and microwave products. The acquisition further expands the proprietary Hi-Rel component products portfolio of Micross. Read more
Akoustic Acquires GDSI to Package its XBAW Filters in the United States
Akoustis Technologies, an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced that it has acquired Grinding and Dicing Services, Inc. (“GDSI”), a US-based provider of premium back-end semiconductor supply chain services. Akoustis’ acquisition of GDSI is expected to support a strategy to reshore its packaging of XBAW filters to the United States and to support its anticipated application for funding under the CHIPS and Science Act. Read more
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