Mergers & AcquisitionsBy The Online Investor Staff, updated Wed., Feb. 26, 6:10 PM
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Slide #37. Qorvo — Custom MMIC
Qorvo (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it has completed its acquisition of Custom MMIC, a leading supplier of high-performance GaAs and GaN monolithic microwave integrated circuits (MMICs) for defense, aerospace and commercial applications. As part of Qorvo's Infrastructure and Defense Products (IDP) business, the Custom MMIC team will continue to expand its millimeter wave (mmWave) capabilities for products used in defense phased array and AESA radars, electronic warfare, satellite communications, wireless backhaul and microwave test equipment.
Qorvo is a holding company. Through its subsidiaries, Co. designs, develops, manufactures and markets its products to U.S. and international original equipment manufacturers and original design manufacturers in two operating segments: Mobile Products, which is a supplier of cellular radio frequency (RF) and Wi-Fi solutions for mobile devices, including smartphones, wearables, laptops, tablets and cellular-based applications for the Internet of Things (IoT); and Infrastructure and Defense Products, which is a supplier of RF and system-on-a-chip solutions for cellular base stations and other wireless communications infrastructure, defense, smart home, automotive and other IoT applications.
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Buy (3.11 out of 4)
(ranked lower than approx. 54% of all stocks covered)
Based on Zacks ABR data;
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