GigOptix agreed to acquire all of the assets of Tahoe RF Semiconductor in an all-cash deal. Financial terms were not disclosed. All of Tahoe RF’s team of engineers will become employees of GigOptix.
Tahoe RF Semiconductor developed RF/analog RFICs, IPs, and fully integrated systems and subsystems on a chip. It has an extensive IP library, including radio frequency front-ends, low-power transmitters, direct conversion receivers, low noise amplifiers, and fractional-N frequency synthesizers, as well as automatic gain control and RF receiver patents.
“I am happy about the acquisition of Tahoe RF which brings to GigOptix a solid team of very experienced RF engineers and a rich portfolio of proven silicon IP into our RF and Wireless product line,” said Dr. Avi Katz, Chairman and Chief Executive Officer of GigOptix, Inc. “The acquisition of Tahoe RF is one more step in our continuous quest to strengthen our industry leading RF engineering team, and enable GigOptix to address increasing aggregate data bandwidth demand through our optimized Monolithic Microwave IC (MMIC) products targeted at point-to-point wireless backhaul applications. The acquisition also puts us in an excellent position to expand into adjacent RF and wireless market opportunities, including consumer and high volume enterprise applications, such GPS devices.”
E-Band radios shipments by GigOptix are expected to grow to 6,000 per month with total shipments in 2014 in excess of 50,000 radios, driven by the deployment of LTE cellular infrastructure in support of the ever growing demand for mobile data for smartphones. The deployment of small cells, addressed by V-Band devices, 60GHz band, is expected to be one order of magnitude greater than regular cells in urban areas and the demand for V-band radios is expected to accelerate in the next two years with volumes at much higher than E-Band.
