Sivers Semiconductors completes acquisition of MixComm
Sivers Semiconductors AB (“Sivers”; Nasdaq Stockholm: OM.SIVE) has today completed the previously announced acquisition of MixComm Inc. (“MixComm”) to strengthen its position in 5G, SATCOM and Radar markets for current and future high frequency mmWave products. The acquisition provides a greatly increased customer base, expanded capacity, a broad IP portfolio and a strong presence across the US, Europe and Asia.The purchase price for the acquisition has been satisfied through a cash payment of USD 22.5 million (approximately SEK 212 million at the current exchange rate), and the issuance of