Wolfspeed selling RF business to MACOM for $125m

What happened

Wolfspeed has agreed to sell its RF semiconductor business to MACOM for approximately $125 million in a deal comprising $75 million cash and $50 million in MACOM stock. This divestment allows Wolfspeed to focus resources on its core silicon carbide power device business, while MACOM consolidates its position in the RF market. Watch: This strategic realignment could alter the competitive landscape and supply dynamics for RF components, particularly GaN-based RF devices, but the immediate price impact is uncertain.

Impact and signal

Affected components and suppliers

Source and time

Source: Semiconductor Today · 8/22/2023 · View original source