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BRIEF-MACOM ANNOUNCES SUCCESSFUL DIVESTITURE OF APPLIEDMICRO'S COMPUTE BUSINESS
October 27, 2017 / 2:24 PM / a month ago

BRIEF-MACOM ANNOUNCES SUCCESSFUL DIVESTITURE OF APPLIEDMICRO'S COMPUTE BUSINESS

Oct 27 (Reuters) - Macom Technology Solutions Holdings Inc :

* MACOM ANNOUNCES SUCCESSFUL DIVESTITURE OF APPLIEDMICRO’S COMPUTE BUSINESS

* UNDER TERMS OF SALE, MACOM WILL BE ISSUED A MINORITY EQUITY OWNERSHIP INTEREST IN NEWCO​

* ‍EQUITY FOR CARLYLE‘S INVESTMENT CAME FROM CARLYLE PARTNERS VI​

* ENTERED INTO DEAL TO SELL COMPUTE BUSINESS IT ACQUIRED IN APPLIEDMICRO ACQUISITION TO PROJECT DENVER HOLDINGS

* ‍DIVESTMENT TO AN AFFILIATE OF CARLYLE GROUP IN EXCHANGE FOR A MINORITY EQUITY STAKE IN VENTURE​

* ‍ENTERED AGREEMENT TO SELL COMPUTE BUSINESS IT ACQUIRED IN APPLIEDMICRO ACQUISITION TO PROJECT DENVER HOLDINGS LLC​ Source text for Eikon: Further company coverage:

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