Expected to complement Skyworks effort in wide area front-end solutions
Skyworks Solutions, a producer of analog and mixed signal semiconductors, has signed a definitive agreement to purchase SiGe Semiconductor, a global supplier of radio frequency (RF) front-end solutions.
Skyworks said that it will pay $210m in cash to acquire the fabless semiconductor provider SiGe, and an additional $65m if they meet certain performance targets over the next 12 months.
The acquisition is expected to complement Skyworks effort in wide area front-end solutions by adding SiGe’s short range, silicon-based products.
It would enable Skyworks to offer comprehensive wireless networking product portfolio for tablets, gaming consoles, smart phones, notebook PCs and home automation systems.
Skyworks president and chief executive officer David Aldrich said their acquisition of SiGe Semiconductor underscores their commitment to capitalise on ubiquitous wireless connectivity.
"To that end, this acquisition is highly complementary in terms of our addressed markets, sales channels, process technologies, design methodologies and baseband partnerships," Aldrich said.
SiGe Semiconductor president and chief executive officer Sohail Khan said Skyworks clearly represents the best strategic and cultural fit for SiGe Semiconductor.
"Together, we can develop and deliver products of unprecedented integration and improve our customers’ performance in the increasingly connected wireless world," Khan said.