secwatch.observer — SEC 8-K summary
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Issuer:     MACOM Technology Solutions Holdings, Inc. (MTSI)
CIK:        0001493594
Form:       8-K
Filed at:   2021-12-27T23:59:59+00:00
Accession:  0001493594-21-000085
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MACOM sells Ampere stake for $127.7M cash; expects substantial gain
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- Sold entire non-controlling equity interest in Ampere (under 10%) to an Oracle affiliate on Dec 23, 2021.
- Cash consideration of approx. $127.7M, a predetermined fixed price set in 2017.
- Carrying value of investment was $12.8M as of Oct 1, 2021, implying a large gain.
- Gain will be recognized in fiscal Q1 ending Dec 31, 2021.
- Ampere was formed in 2017 when MACOM divested its ARM-based compute processor business.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493594/000149359421000085/0001493594-21-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493594/000149359421000085/mtsi-20211223.htm
  HTML page:      https://secwatch.observer/filing/0001493594-21-000085

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer