Ixys acquires Microwave Tech

September 9, 2003 – Ixys Corp., Santa Clara, CA, has acquired Microwave Technology, a Fremont, CA, manufacturer of gallium arsenide devices, in an all-stock deal.

Ixys will issue approximately 800,000 shares in exchange for outstanding shares and options of Microwave Tech, which had approximately $6 million in revenues in fiscal 2003.


Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.