Notable Mergers and Acquisitions of the Day 11/19: (MTSI) (PERY) (DRH) - InvestingChannel

Notable Mergers and Acquisitions of the Day 11/19: (MTSI) (PERY) (DRH)

* M/A-COM Technology Solutions Holdings, Inc. (Nasdaq: MTSI) announced it has entered into a definitive agreement to acquire BinOptics Corporation, a leading merchant provider of Indium Phosphide lasers for Data Centers, Mobile Backhaul, Silicon Photonics and Access Networks, in an all-cash transaction valued at $230 million, subject to customary post-closing adjustments.

Expected highlights of the transaction include:

  • Accretive to MACOM’s gross margin and earnings per share starting in the first full quarter of combined operations.
  • Broadens MACOM’s optical portfolio with highly differentiated edge-emitting and surface-emitting Fabry Perot and DFB lasers.
  • Brings proprietary Etched Facet Technology (EFT) for lasers that enable compelling wafer-scale economics

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