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Slide #15. Hittite Microwave Corporation — Assets of Keragis Corporation
Hittite Microwave Corporation (HITT)
Assets of Keragis Corporation
Hittite Microwave Corporation (NASDAQ:HITT) today announced that it has entered into a definitive agreement to buy substantially all the assets of Keragis Corporation, a provider of extremely high power, wideband amplifier modules, located in San Diego, CA. The purchase price was not disclosed.
Hittite Microwave designs and develops integrated circuits, modules, subsystems and instrumentation for radio frequency (RF) microwave and millimeterwave applications. Co. provides a range of radio frequency integrated circuits, monolithic microwave integrated circuits, multi-chip modules and subsystems that perform a variety of signal processing functions and that operate across the RF, microwave, millimeterwave, and visible light frequency spectrum. Co.'s products are used in a variety of applications, such as cellular base stations, microwave and millimeterwave radio systems, broadband wireless access systems and direct broadcast satellite systems.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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