MACOM Buys Aeroflex’s Diode Business

Lowell, Mass.– M/A-COM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) (MACOM), a leading supplier of high-performance analog RF, microwave, millimeterwave and photonic semiconductor products, today announced that it has acquired 100% of Aeroflex’s diode business for $38 million in cash. The business had approximately $37 million in revenue for the fiscal year ended December 31, 2014.…