TriQuint-RFMD Merger Solidifies Defense Market Lead, says Strategy Analytics

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On February 24th, RFMD and TriQuint announced a definitive merger agreement under which the companies will combine in an all-stock transaction.

"In the area of Defense, TriQuint has been a leading supplier of semiconductor technologies, for example, military radar systems used on fast-jets including the F-15, F-22 and F-35. The company also holds US DoD Trusted Source accreditation," noted Eric Higham, North American Director for ADS. "RFMD has ongoing activity in the aerospace and defense sectors with products targeting radar, communications and electronic warfare applications."

"The combined infrastructure and defense unit can achieve potential revenues of around $500 million. Strategy Analytics' own estimates indicate that the new company's defense revenues will account for up to 25 percent of this unit revenue," noted Asif Anwar, Director of the ADS service. "As a GaAs and GaN semiconductor technologies supplier, we believe TriQuint holds the number one position in the defense space, and the combined TriQuint-RFMD entity will cement this position extending a lead over contemporaries in this area such as Cree, Hittite and MACOM Technologies."

About Strategy Analytics

Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com 

European Contact: Asif Anwar, +44(0)-1908-423-635, [email protected]

US Contact: Eric Higham, +1-617-614-0721, [email protected]