Microsemi sells business unit to MaxLinear

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Microsemi has sold its broadband wireless division to MaxLinear for about $21million in cash. The division, previously part of PMC-Sierra, acquired by Microsemi in 2015, focuses on wireless infrastructure, including wideband RF transceivers and synthesisers for 3G, 4G and 5G platforms.

“From a business perspective,” said Dr Kisore Seendripu, pictured, MaxLinear’s CEO, “this acquisition brings strategic customer engagements with tier-one OEMs and their operator partners that we plan to expand upon with our existing wireless backhaul organic initiatives.”

MaxLinear believes the serviceable available market for wireless base station transceivers was approximately $500m in 2015 and says it expects this to grow at a substantial rate over the next five years. The acquisition will also complement the company’s wireless microwave backhaul solutions.

“We expect further increases in complexity with the adoption of 5G architectures, operating frequency ranges around 28GHz and cumulative aggregated channel bandwidths of about 1GHz across all cellular frequency bands,” said Dr Seendripu. “We believe that by combining these acquired Microsemi wireless access technology platform assets with MaxLinear’s proven low-power, digital CMOS, RF mixed signal capabilities, we will deliver highly differentiated and superior solutions to address the emerging challenges in wireless markets.”