secwatch.observer — SEC 8-K summary
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Issuer:     MACOM Technology Solutions Holdings, Inc. (MTSI)
CIK:        0001493594
Form:       8-K
Filed at:   2023-08-22T23:59:59+00:00
Accession:  0001493594-23-000060
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MACOM to acquire Wolfspeed's RF business for $125M; expects ~$150M annual revenue
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- Total consideration of $125M: $75M cash at close plus $50M in MACOM common stock (711,528 shares).
- RF business generates ~$150M annualized revenue; expected immediately accretive to non-GAAP EPS.
- Acquisition includes 100mm GaN-on-SiC fab in RTP, design teams, over 1,400 patents, ~280 employees.
- Closing expected H2 2023, subject to HSR antitrust clearance and other customary conditions.
- RTP Fab operations to transfer to MACOM ~2 years post-close; Wolfspeed will supply wafers until then.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493594/000149359423000060/0001493594-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493594/000149359423000060/mtsi-20230822.htm
  HTML page:      https://secwatch.observer/filing/0001493594-23-000060

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