News & Events

Simpson Thacher is representing Evercore Group L.L.C. as financial advisor to MACOM Technology Solutions Holdings, Inc. (NYSE: MTSI) (“MACOM”) in connection with its announced definitive share purchase agreement to acquire Applied Micro Circuits Corporation (NASDAQ: AMCC) (“AppliedMicro”), a global leader in connectivity and computing solutions for next-generation cloud infrastructure and data centers, for approximately $770 million. The acquisition, which is expected to close in the first quarter of 2017, is subject to customary closing conditions and regulatory approvals.

MACOM is a leading supplier of high-performance analog RF, microwave, millimeterwave and photonic semiconductor products. MACOM’s technology increases the speed and coverage of the mobile Internet and enables fiber optic networks to carry previously unimaginable volumes of traffic to businesses, homes and datacenters.

The Simpson Thacher team included Patrick Naughton, Gabriela Botifoll and Chajin Wu (M&A).