M/A-COM Technology has successfully completed its previously announced acquisition of FiBest Limited (FiBest), a Japan-based merchant market component supplier of optical sub assemblies. This all-cash transaction is valued at approximately $60 million and was funded by MACOM with cash on hand.
With the close of this acquisition, MACOM are now better positioned to enhance the strategic value they deliver to customers by providing all of the technology, products and packaging to further extend their position as a leading supplier of optical networking components. This transaction will also significantly expands their addressable market in data centers for 100G data rates and beyond, while further unlocking a robust sales channel for MACOM in an estimated $500 million RF and microwave component market in Japan.
