RF & Microwave Industry News

IDT Acquiring GigPeak For ~$250M

Integrated Device Technology will acquire GigPeak for $3.08 per share or approximately $250 million in cash. The purchase price is approximately 22 percent higher than the closing price of GigPeak shares on February 10. The deal is expected to close during the second calendar quarter of 2017.


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GLOBALFOUNDRIES Expands to Meet Worldwide Customer Demand

GLOBALFOUNDRIES announced plans to expand its global manufacturing footprint in response to growing customer demand for its comprehensive and differentiated technology portfolio. The company is investing in its existing leading-edge fabs in the United States and Germany, expanding its footprint in China with a fab in Chengdu, and adding capacity for mainstream technologies in Singapore.


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