About MACOM
M/A-COM Technology Solutions Holdings, Inc. ( www.macom.com) is a leading supplier of high-performance analog RF, microwave, millimeterwave and photonic semiconductor products that enable next-generation internet and modern battlefield applications. Recognized for its broad catalog portfolio of technologies and products, MACOM serves diverse markets, including high speed optical, satellite, radar, wired and wireless networks, industrial, medical, and mobile devices. A pillar of the semiconductor industry, we thrive on more than 60 years of solving our customers' most complex problems, serving as a true partner for applications ranging from RF to Light.
Headquartered in Lowell, Massachusetts, MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. MACOM has design centers and sales offices throughout North America, Europe, Asia and Australia.
MACOM, M/A-COM, M/A-COM Technology Solutions, M/A-COM Tech, Partners in RF & Microwave, The First Name in Microwave and related logos are trademarks of MACOM. All other trademarks are the property of their respective owners.
Special Note Regarding Forward-Looking Statements
This press release contains forward-looking statements based on MACOM management's beliefs and assumptions and on information currently available to our management. Forward-looking statements include, among others, information concerning our stated business outlook and future results of operations, our statements regarding our expectations for our recent acquisitions, statements about our replacement of the contributions of our former automotive business and repositioning of our company with higher quality revenue, faster growth and stronger earnings potential and any other statements regarding future trends, business strategies, competitive position, industry conditions, acquisitions and market opportunities. Forward-looking statements include all statements that are not historical facts and generally may be identified by terms such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "seeks," "should," "will," "would" or similar expressions and the negatives of those terms.
Forward-looking statements contained in this press release reflect
MACOM's current views about future events and are subject to risks,
uncertainties, assumptions and changes in circumstances that may cause
those events or our actual activities or results to differ materially
from those expressed in any forward-looking statement. Although MACOM
believes that the expectations reflected in the forward-looking
statements are reasonable, it cannot and does not guarantee future
events, results, actions, levels of activity, performance or
achievements. Readers are cautioned not to place undue reliance on these
forward-looking statements. A number of important factors could cause
actual results to differ materially from those indicated by the
forward-looking statements, including greater than expected dilutive
effect on earnings of our equity issuances, outstanding indebtedness and
related interest expense and other costs, the potential that the
expected rollout of fiber-to-the-home network technology or other new
network technology deployments in China, Japan and other geographies
fails to occur, occurs more slowly than we expect or does not result in
the amount or type of new business we anticipate, lower than expected
demand in any or all of our primary end markets or from any of our large
OEM customers based on seasonal effects, macro-economic weakness or
otherwise, our failure to realize the expected economies of scale,
lowered production cost and other anticipated benefits of our previously
announced GaN intellectual property licensing program or InP laser
production capacity expansion program, the potential for defense
spending cuts, program delays, cancellations or sequestration, failures
or delays by any customer in winning business or to make purchases from
us in support of such business, lack of adoption or delayed adoption by
customers and industries we serve of Active Antennas, GaN, InP lasers or
other solutions offered by us, failures or delays in porting and
qualifying GaN or InP process technology to our Lowell, MA fabrication
facility or third party facilities, lower than expected utilization and
absorption in our manufacturing facilities, lack of success or slower
than expected success in our new product development efforts, failure of
any announced transaction to close in accordance with its terms, failure
to successfully integrate acquired companies, technologies or products
or realize synergies associated with acquisitions, the potential that we
will experience difficulties in managing the personnel and operations
associated with our acquisitions, loss of business due to competitive
factors, product or technology obsolescence, customer program shifts or
otherwise, lower than anticipated or slower than expected customer
acceptance of our new product introductions, the potential for a shift
in the mix of products sold in any period toward lower-margin products
or a shift in the geographical mix of our revenues, the potential for
increased pricing pressure based on competitive factors, technology
shifts or otherwise, the impact of any executed or abandoned
acquisition, divestiture, joint venture, financing or restructuring
activity, the impact of supply shortages or other disruptions in our
internal or outsourced supply chain, the impact of changes in export,
environmental or other laws applicable to us, the relative success of
our cost-savings initiatives, the potential for inventory obsolescence
and related write-offs, the expense, business disruption or other impact
of any current or future investigations, administrative actions,
litigation or enforcement proceedings we may be involved in, the
potential loss of access to any in-licensed intellectual property or
inability to license technology we may require on reasonable terms, and
the impact of any claims of intellectual property infringement or
misappropriation, which could require us to pay substantial damages for
infringement, expend significant resources in prosecuting or defending
such matters or developing non-infringing technology, incur material
liability for royalty or license payments, or prevent us from selling
certain of our products, as well as those factors described in "Risk
Factors" in MACOM's filings with the Securities and Exchange Commission
(SEC), including its Annual Report on Form 10-K for the fiscal year
ended October 2, 2015 as filed with the SEC on November 24, 2015. MACOM
undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise.