The RF & Microwave Industry started seeing an increase in Merger & Acquisition Activity over the last few years. 2024 was no different with a number of significant mergers taking 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 2024. These are ordered in cronological order starting with the most recent ones.chronological
CML Micro Acquires PRFI, a UK-Based MMIC Design Company
CML Micro completed its acquisition of PRFI, a UK-based design house specializing in RFICs, MMICs, and microwave/mm-wave modules. PRFI designs solutions for a wide range of applications, including test instrumentation, infrastructure equipment, and high-volume consumer wireless devices. Read more
Keysight Advances Regulatory Clearances for Acquisition of Spirent Communications
Keysight Technologies, a leader in test and measurement solutions, acquired Spirent Communications PLC for $1.46 billion. With shareholder support and regulatory approvals already in place, the deal is now final. The acquisition has enhanced Keysight’s portfolio in automated testing, network security, and connected technologies, complementing Spirent’s expertise in 5G, SD-WAN, cloud, and positioning technologies. Read more
Anritsu Acquires 32% of SmartViser, an Automated Test Solutions Company for Mobile Networks and Devices
Anritsu Corporation has acquired a 32.72% stake in SmartViser SAS, a company specializing in automated test solutions for mobile networks and devices. The stock purchase agreement was finalized on November 28, 2024, and the acquisition has now completed. SmartViser provides automation solutions to mobile network operators and device manufacturers, helping optimize test costs and performance. This acquisition enhances Anritsu's capabilities, particularly in creating a carbon-neutral, intelligent society across telecom, smartphone, private networks, automotive, and other industries utilizing communications technologies. Read more
Molex Acquires AirBorn, Expanding its Position in the Aerospace and Defense Market
Molex, a global leader in connectivity and electronics solutions, has completed its acquisition of AirBorn, Inc., an employee-owned company based in Georgetown, TX, specializing in rugged connectors and electronic components for OEMs in industries such as aerospace, defense, space exploration, medical, and industrial markets. The acquisition strengthens Molex’s capabilities in the aerospace and defense sectors by combining Molex’s engineering expertise and manufacturing scale with AirBorn’s proficiency in rugged, mission-critical products. Read more
Artemis Capital Partners Acquires Diamond Antenna and Microwave Corporation
Artemis Capital Partners, a private equity firm specializing in industrial tech, has completed its acquisition of Diamond Antenna and Microwave Corporation, a leader in RF and electro-mechanical solutions for mission-critical applications in national security, connectivity, and mobility. With over 65 years of experience, Diamond provides innovative RF and electro-mechanical technologies for radar, satellite communications, air traffic control, and electronic warfare, serving top-tier prime integrators and government clients. Read more
MVG Expands North American Presence with Acquisition of Singularis Solutions
MVG, a global leader in antenna measurement and radar testing solutions, has completed its acquisition of Singularis Solutions, an electro-mechanical engineering firm based in Philadelphia. Singularis specializes in the design, integration, manufacturing, and testing of complex systems. The acquisition strengthens MVG's position in the North American aerospace and defense sector, following a successful collaboration between the two companies on multiple projects. Read more
MACOM Expands its IC Design Expertise with the Acquisition of ENGIN-IC
MACOM has successfully acquired ENGIN-IC, a fabless semiconductor company specializing in advanced Gallium Nitride MMICs and integrated microwave assemblies. Based in Plano, Texas, and San Diego, California, ENGIN-IC has a strong focus on the U.S. defense industry and offers a portfolio of over 60 standard MMICs and custom products, including high-efficiency power amplifiers and integrated transmit/receive modules. The acquisition enhances MACOM’s design capabilities, particularly in serving its target markets. Read more
Teledyne Expands its Aerospace and Defense Portfolio with Acquisition of Select Businesses from Excelitas
Teledyne Technologies has completed the acquisition of select aerospace and defense electronics businesses from Excelitas Technologies for $710 million in cash. This deal includes Excelitas' Optical Systems (OS) business, known for its Qioptiq® brand, and the U.S.-based Advanced Electronic Systems (AES) business. The acquisition has strengthened Teledyne's portfolio in advanced optics and defense electronics, expanding its presence in the U.S. and UK markets. Read more
OceanSound Partners Acquires Antenna Research Associates
OceanSound Partners has completed its acquisition of Antenna Research Associates, Inc. (ARA), a leading provider of integrated RF and advanced communications products for the aerospace and defense markets. The acquisition is already accelerating ARA’s growth and strategic transformation, with a focus on expanding its technology portfolio and further serving the evolving needs of the defense sector. Read more
Keysight Expands Software-Centric Strategy with Acquisition of Synopsys' Optical Solutions Group
Keysight Technologies has completed its acquisition of Synopsys’ Optical Solutions Group, a leading provider of optical design and analysis software tools. This acquisition has expanded Keysight’s design engineering software portfolio, enhancing its capabilities in optics and photonics alongside its existing RF and microwave EDA solutions. The Optical Solutions Group now provides Keysight with advanced tools for optical system design, simulation, and prototyping, helping customers address complex multi-physics design challenges. Read more
BAE Systems Acquires Kirintec to Strengthen its Cyber and Electronic Warfare Capabilities
BAE Systems has successfully acquired Kirintec, a UK-based leader in cyber and electromagnetic activities (CEMA), specializing in counter-IED, counter-UAS, and electronic warfare solutions. The acquisition strengthens BAE’s capabilities in CEMA and multi-domain integration, enabling the company to meet growing demand for these advanced technologies. Kirintec is now part of BAE's Digital Intelligence business, expanding its electronic warfare and force protection offerings. Read more
Qualcomm Expands IoT Leadership with Acquisition of Sequans' 4G IoT Technology
Qualcomm, through its subsidiary Qualcomm Technologies, has completed the acquisition of Sequans Communications' 4G IoT technologies, including certain assets, employees, and licenses. This acquisition strengthens Qualcomm's Industrial IoT portfolio, enhancing its ability to offer low-power, reliable cellular connectivity for Industrial IoT applications. Sequans retains rights to use the technology through a perpetual license agreement, supporting its 4G business and 5G development. This move aligns with Qualcomm’s strategy to lead in the IoT space by providing advanced, end-to-end solutions for digital transformation across industries. Read more
Dover (Microwave Product Group) Acquires Criteria Labs
Dover has acquired Criteria Labs, a provider of RF devices and microelectronic engineering solutions for high-reliability applications in space, aerospace, defense, semiconductor, automotive, and medical industries. Now part of Dover's Microwave Products Group, Criteria Labs enhances MPG's ability to meet stringent Size, Weight, and Power (SWaP) requirements essential for electronic warfare and communication systems. The acquisition strengthens MPG's innovation capabilities, enabling more compact and reliable designs. Read more
Amphenol Corporation Acquires CommScope's Mobile Networks Businesses for $2.1 Billion
Amphenol Corporation has completed its acquisition of CommScope’s mobile networks businesses for $2.1 billion in cash. The deal includes CommScope’s Outdoor Wireless Networks and Distributed Antenna Systems (DAS) businesses, which are expected to generate approximately $1.2 billion in sales and 25% EBITDA margins in 2024. This acquisition strengthens Amphenol’s product portfolio for next-generation wireless networks, adding advanced antenna and interconnect technologies. The transaction is already accretive to Amphenol’s Diluted EPS in the first full year after closing. Read more
Aviat Networks Acquires 4RF to Enhance its Industrial Wireless Access Solutions
Aviat Networks has completed the acquisition of 4RF Limited, a provider of industrial wireless access solutions, expanding its product offerings in narrowband point-to-point/multi-point radios and Private LTE/5G routers. The acquisition strengthens Aviat's ability to support critical infrastructure sectors such as utilities, oil and gas, mining, public safety, and military. 4RF’s solutions are used in applications including smart grids, metering, and telemetry. This acquisition has already created cross-selling opportunities and is driving growth in the expanding market for secure, automated communication networks. Read more
AnaPico Becomes Part of Keysight Technologies
AnaPico, a Swiss RF and Microwave company, has been successfully acquired by Keysight Technologies at IMS 2024 in Washington, DC. AnaPico, known for developing advanced test and measurement instruments for RF and microwave applications, showcased its APLC and APHSP series of high-performance analog signal generators at the event. These new products complement the company’s existing range, offering solutions that balance performance and cost-efficiency. All of AnaPico's products are developed and manufactured in Switzerland, reflecting their commitment to innovation and quality in the test & measurement industry. Read more
Mobix Labs Partners with TalkingHeads Wireless to Develop Cost-Effective, Energy Efficient 5G Base Stations
Mobix Labs, a fabless semiconductor company specializing in next-generation connectivity solutions, has completed its strategic partnership with TalkingHeads Wireless (THW) to develop energy-efficient 5G base stations. THW's 5G radio solution uses AI technology to optimize tower energy consumption, while Mobix Labs contributed its portfolio of ICs, antennas, and optical cables to enhance performance, efficiency, and cost-effectiveness. This collaboration follows Mobix Labs' successful acquisition of RaGE Systems, which has already helped further reduce 5G tower energy costs. Together, the companies have significantly lowered the energy consumption and operating costs of 5G infrastructure. Read more
Honeywell Acquires CAES for $1.9 Billion to Strengthen its Defense Technology Across Land, Air, Sea, and Space
Honeywell has completed the acquisition of CAES Systems Holdings LLC (CAES) from Advent International for approximately $1.9 billion in an all-cash transaction. CAES, a leader in RF and radar technologies for defense applications, specializes in electromagnetic defense solutions for platforms such as the F-35, AMRAAM, and UAS. The acquisition strengthens Honeywell's defense technology portfolio, expands its capabilities in RF, radar, and sensing technologies, and accelerates growth across critical military platforms. Read more
Mobix Labs Completes Acquisition of RaGE Systems
Mobix Labs, a fabless semiconductor company focused on next-generation connectivity solutions, has completed its acquisition of RaGE Systems, a Massachusetts-based leader in radio frequency design and manufacturing services. RaGE specializes in 5G communications, mmWave imaging, and Software Defined Radio systems for commercial, industrial, defense, and aerospace sectors. The acquisition enhances Mobix Labs' ability to innovate and expand its customer base, broadening its market reach and accelerating the development of next-generation wireless products. Read more
Quantic Electronics Acquires M Wave Design, Leading Supplier of Ferrite-Based RF and Microwave Components
Quantic Electronics has completed the acquisition of M Wave Design, a leading supplier of ferrite-based RF and Microwave components for aerospace, defense, and quantum computing applications. Founded in 1988, M-Wave specializes in passive waveguide and coaxial components such as isolators, circulators, adapters, and terminations, with a unique focus on cryogenic temperature performance for quantum computing. The acquisition enhances Quantic’s product portfolio and expertise in military, space, and quantum computing sectors. Read more
SES to Acquire Intelsat for $3.1 Billion to Expand its Satellite Space Network and Ground Infrastructure
SES has reached an agreement to acquire Intelsat for $3.1 billion (€2.8 billion), including certain contingent value rights. This acquisition will create a stronger multi-orbit satellite operator with expanded capabilities in global coverage, resilience, and innovation. It combines SES’s and Intelsat’s resources, talent, and expertise, delivering synergies worth €2.4 billion (85% of the equity value). The transaction, expected to close in the second half of 2025, strengthens SES’s position in key segments like Government, Mobility, Fixed Data, and Media. SES will continue to operate under its current structure, with Intelsat maintaining its branding as part of the expanded SES entity. Read more
Guerrilla RF Acquires GaN Portfolio and Core IPs from Gallium Semiconductor
Guerrilla RF has acquired Gallium Semiconductor's entire portfolio of GaN power amplifiers and front-end modules, effective April 26, 2024. The acquisition includes released components, new cores under development, and associated intellectual property. This acquisition strengthens Guerrilla RF's position in key markets such as telecom infrastructure, military, and satellite communications. By integrating Gallium's GaN technology, Guerrilla RF aims to accelerate its development of GaN devices, offering power levels from 5 W to 400 W. The integration will be completed by June 2024, enhancing Guerrilla RF’s ability to deliver high-performance solutions. Read more
COMROD Communication Acquires Majority Share of Triad RF Systems
COMROD Communication AS has acquired a majority share of Triad RF Systems, a New Jersey-based designer and manufacturer of RF/Microwave amplifiers and integrated radio solutions for long-range communication, particularly in defense and aerospace applications. This acquisition strengthens COMROD's RF capabilities and extends its capacity to develop next-generation Radio Range Extension solutions. The combination will enhance technical capabilities and expand market reach in the U.S. and globally. Triad will continue to operate under its current branding as "TRIAD RF, A COMROD COMPANY." The acquisition is seen as a key step in COMROD's continued growth and innovation in the communications sector. Read more
Mini-Circuits Acquires CATV Amplifier Business from Analog Devices
Mini-Circuits, a global supplier of RF, microwave, and millimeter-wave components, has acquired Analog Devices' CATV amplifier business. The transaction includes Analog Devices’ portfolio of 75-ohm GaAs and GaN amplifiers, related production test hardware, the product development team, and the Santa Rosa, California office. This acquisition strengthens Mini-Circuits' position in the broadband optical and cable markets, complementing its existing offering of 75-ohm passive components for CATV systems. Read more
Epiq Solutions Completes Acquisition of CyberRadio Solutions, a Business Unit of G3 Technologies
Epiq Solutions has completed the acquisition of CyberRadio Solutions (CRS), a business unit of G3 Technologies. CRS specializes in high-performance radio frequency (RF) products, including tuners, downconverters, and signal generators, supporting defense and intelligence applications. Founded in 2011, CRS focuses on open architecture RF receivers and embedded signal processing platforms with industry-leading RF performance. This acquisition enhances Epiq's portfolio, which includes small form factor software-defined radios (SDR) for maritime, land, air, and space applications. The deal expands Epiq’s capabilities in remote sensing, drone detection, direction finding, and communications. CRS will continue to operate under its current leadership in Mount Airy, MD. Financial terms were not disclosed. Read more
Kanders & Company to Acquire Antenna and Test Equipment Business Units from L3Harris Technologies
Kanders & Company, Inc. has completed the acquisition of antenna and test equipment businesses from L3Harris Technologies for $200 million. This acquisition consolidates three separate business units under Kanders' newly formed platform, Fisica, Inc. The acquired businesses specialize in airborne and ground-based antennas, electromagnetic systems, and simulators for applications such as radar, communications, warning systems, and nuclear effects testing. Fisica, poised for growth, will serve as a key partner for defense primes and the U.S. Department of Defense. The deal includes a $175 million cash payment and a $25 million seller note. Read more
Infinite Electronics To Sell KP Performance Antennas and RadioWaves to Alive Telecommunications
Infinite Electronics, a global provider of in-stock connectivity solutions, has completed the sale of its KP Performance Antennas and RadioWaves businesses to Alive Telecommunications, a global supplier of communications equipment, systems, and services. The transaction was driven by the misalignment between Infinite’s design capabilities and the technical product development needs of these antenna brands. Read more
Communication Power Corp Merges with STI-CO Industries, a Premier Manufacturer of Tactical Antenna Solutions
Communication Power Companies (CPC), a U.S.-based manufacturer of custom RF and microwave power amplifiers, has merged with STI-CO, a manufacturer of high-performance antenna systems. Founded in 1967, STI-CO is known for its antenna systems used in covert, military, and transportation applications. The merger combines their complementary capabilities and product portfolios, positioning the companies for sustainable growth. The business combination, supported by ACP, provides a strong capital base to accelerate expansion. Addison Capital, an investment firm specializing in middle-market growth companies, backs the merger, aiming to drive growth and provide legacy stewardship. Read more
J.F Lehman & Company Completes Acquisition of Mission Microwave Technologies
J.F. Lehman & Company (JFLCO) has acquired Mission Microwave Technologies, a leading provider of Solid-State Power Amplifiers (SSPAs) and Block Upconverters (BUCs) to the satellite communications market. Headquartered in Cypress, CA, Mission offers advanced high-power devices for ground-based, airborne, maritime, and space-based applications. The acquisition aligns with JFLCO's strategy in the aerospace and defense sector and enhances Mission's position in high-power and high-frequency satellite communications. Mission’s founders and management will remain significant shareholders and continue to lead the company. The deal was supported by debt financing from Barings, PennantPark, and SMBC. Read more
BAE Systems Receives Regulatory Approvals to Acquire Ball Aerospace
BAE Systems has successfully completed the acquisition of Ball Aerospace, following the receipt of necessary regulatory approvals. The acquisition enhances BAE Systems' space and defense capabilities, adding market-leading technologies in spacecraft, mission payloads, optical systems, and more. Ball Aerospace will now operate under BAE Systems' U.S. business as a new sector, Space & Mission Systems, led by Dr. Dave Kaufman. This acquisition supports BAE's strategy to drive growth and innovation in alignment with U.S. defense and intelligence priorities. It also strengthens the company's ability to deliver cutting-edge space and defense solutions. Read more
Renesas Acquires Altium for $5.9 Billion to Accelerate Innovation in Electronics Design
Renesas Electronics, a global leader in embedded solutions, has reached a definitive agreement to acquire Altium, a leading provider of PCB design software, for approximately A$9.1 billion (US$5.8 billion). The acquisition, representing a 34% premium over Altium’s stock price, aims to accelerate Renesas' Digitalization strategy by integrating Altium’s cloud-based platform, Altium 365, with Renesas’ embedded solutions. This move strengthens Renesas' position in the electronics design and lifecycle management space, enabling faster innovation and improved productivity. The transaction is expected to close in the second half of 2024, pending shareholder and regulatory approvals. Read more
Amphenol to Acquire Carlisle Interconnect Technologies for $2.025 Billion
Amphenol has acquired Carlisle Interconnect Technologies (CIT). CIT, a global supplier of harsh environment interconnect solutions for commercial air, defense, and industrial markets, complements Amphenol’s portfolio with products like cables, connectors, and sensors. With anticipated 2024 sales of $900 million and a 20% adjusted EBITDA margin, CIT will enhance Amphenol’s capabilities in complex applications for harsh environments. Read more
Qorvo to Expand its Presence in the Defense, SATCOM and 5G Markets with the Acquisition of Anokiwave
Qorvo, a global leader in connectivity and power solutions, has acquired Anokiwave, a supplier of high-performance silicon ICs for intelligent active array antennas in defense, SATCOM, and 5G applications. Anokiwave's team will join Qorvo’s High-Performance Analog (HPA) segment, enhancing capabilities in beamformers and IF-to-RF solutions for phased array radar, electronic warfare, and network infrastructure. The acquisition to strengthens Qorvo’s RF portfolio, enabling advanced, integrated solutions for aerospace, defense, and 5G markets. Read more
Synopsys to Acquire Ansys for Approximately $35 Billion
Synopsys has announced its acquisition of Ansys for approximately $35 billion, combining Synopsys' leading semiconductor electronic design automation (EDA) solutions with Ansys’ extensive simulation and analysis capabilities. The merger aims to create a comprehensive silicon-to-systems design platform, accelerating innovation across industries like automotive, aerospace, and industrial. Ansys shareholders will receive $197.00 in cash and 0.3450 shares of Synopsys stock per share, representing a 29% premium over Ansys’ stock price as of December 21, 2023. The transaction, expected to close in 2025, promises strong financial synergies, expanded market reach, and enhanced R&D capabilities. Read more
Richardson RFPD Announces Franchise Agreement with SENSORVIEW
Richardson RFPD, Inc., an Arrow Electronics company, has entered a franchise agreement with Korea-based SENSORVIEW. The agreement designates Richardson RFPD as an authorized distributor in the Americas and Asia for SENSORVIEW’s RF products, which feature low-loss material processing and near-zero EMI design for mmWave and beyond 5G applications. This collaboration leverages Richardson RFPD’s global network and technical expertise to expand SENSORVIEW’s presence in commercial and defense markets. Read more
MDWerks Acquires RF Specialties to Build Value-Added Applications Using Integrated Energy Wave Technology
MDWerks, a sustainable technology provider, has acquired RF Specialties, LLC (RFS), known for its modern energy wave solutions in wood, adhesives, and food & beverage industries. This acquisition enhances MDWerks' manufacturing and technical expertise, including capabilities behind the Sustainably Matured liquid maturation method of its Two Trees Beverage Company. The move supports MDWerks’ multi-avenue growth, expanding its capacity for spirit production and diversifying into new industries using RFS’s proven technology platform. RFS founder Keith A. Mort joins MDWerks to oversee operations, ensuring a seamless integration and fostering innovation. Read more
CML Micro Completes Acquisition of MwT, a Leading MMIC and mmWave Supplier in California
CML Micro has acquired MwT, a leading MMIC and mmWave supplier based in California. The acquisition expands CML Micro’s SµRF product brand, introducing GaAs and GaN MMICs, Discrete Devices, and Hybrid Amplifiers, enhancing the company’s ability to address evolving needs in 5G infrastructure, satellite communications, IIoT, and aerospace. With upgraded R&D capabilities and manufacturing techniques, the merger bolsters CML Micro’s product innovation and system-level expertise, ensuring greater value for customers and market reliability. Read more
Amphenol Corporation Closes Acquisition of PCTEL
Amphenol Corporation, a global provider of high-technology interconnect, sensor, and antenna solutions, has completed the acquisition of PCTEL. The acquisition strengthens Amphenol’s position in antenna and test & measurement innovation, with PCTEL’s expertise in high-reliability applications and wireless solutions complementing Amphenol’s global presence and entrepreneurial culture. The deal, celebrated as a milestone by both companies, paves the way for accelerated growth and expanded capabilities. Read more
Click here to view Mergers & Acquisitions in 2023.