NORWOOD, Mass. — (BUSINESS WIRE) — March 30, 2017 — Analog Devices, Inc. (NASDAQ: ADI) today announced the acquisition of OneTree Microdevices, Inc., a privately held company based in Santa Rosa, California. ADI is a leading supplier of mixed signal solutions for cable access ranging from data converters through clocking and control/power conditioning. With the acquisition of OneTree Microdevices’ GaAs and GaN amplifier portfolio, which offers best-in-class linearity, output power and efficiency, ADI now supports the complete signal chain for next-generation cable access networks. Financial terms of the transaction were not disclosed.
“Analog Devices, in combination with OneTree Microdevices, is uniquely positioned to solve the bandwidth and power efficiency challenges facing cable operators today in their efforts to increase broadband internet services for homes and businesses,” said Greg Henderson, vice president, RF and Microwave Business, Analog Devices. “OneTree’s expertise aligns with ADI’s strategic focus on GaN technology and extends ADI’s broad portfolio of high performance, RF and microwave signal chain solutions for infrastructure, defense and instrumentation markets.”
Today’s cable operators are counting on next generation architectures such as DOCSIS 3.1 (Data Over Cable Service Interface Specification) and Remote PHY to increase the capacity of cable networks. “We are excited to become part of Analog Devices and its complete solution offerings for cable access,” said Chris Day, co-founder, OneTree Microdevices. “Both ADI and OneTree are directly engaged with customers, cable operators and industry standards groups to drive cable standards discussions. Together, we will be able to effectively assist cable operators in their quest to provide compelling cost and data rates to home and business users.”
About OneTree Microdevices
OneTree Microdevices, based in Santa Rosa, California, is a fabless semiconductor company for emerging broadband networks. The company develops critical components for CATV and Fiber-to-the-Home Networks. For more information visit: http://www.onetreemicro.com
About Analog Devices
Analog Devices is the leading global high-performance analog technology company dedicated to solving the toughest engineering challenges. We enable our customers to interpret the world around us by intelligently bridging the physical and digital with unmatched technologies that sense, measure, power, connect and interpret. Visit http://www.analog.com
This release may be deemed to contain forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among other things, our statements regarding expected benefits of our acquisition of OneTree Microdevices, expected advances in our technology and product development efforts, including in the cable infrastructure market segments, and expected benefits and future development of the acquired products, technology and solutions, that are based on our current expectations, beliefs, assumptions, estimates, forecasts, and projections about the industry and markets in which Analog Devices operates. The statements contained in this release are not guarantees of future performance, are inherently uncertain, involve certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed in such forward-looking statements, and such statements should not be relied upon as representing Analog Devices' expectations or beliefs as of any date subsequent to the date of this press release. Important factors that could cause actual results to differ materially from the results described, implied or projected in any forward-looking statements include: higher than expected or unexpected costs associated with or relating to the transaction; the expected benefits, synergies and prospects of the transaction may not be achieved in a timely manner, or at all; the acquired products, technology and solutions may not be successfully integrated with ADI's following the closing; difficulty or delay in the design, development, production and marketing of the acquired products, technology and solutions; and other risk factors described in our most recent filings with the Securities and Exchange Commission. We do not undertake any obligation to update forward-looking statements made by us.
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