The RF & Microwave Industry has started seeing an increase in Merger & Acquisition Activity over the last few years. 2025 was no different, with several significant mergers taking place in the sector. From tech giants to smaller companies coming together to form a new powerhouse, these mergers have the potential to shake up the market and redefine business practices positively. We have compiled a list of the most notable mergers and acquisitions in the RF & Microwave Industry in 2025. These are ordered in chronological order, starting with the most recent ones. This story is updated as and when new mergers or acquisitions happen.
Baylin Technologies to Acquire Sweden-Based RF Solutions Provider Kaelus for $42 Million
Baylin Technologies Inc. has entered into a definitive share purchase agreement to acquire 100% of Sweden-based Kaelus AB, a global provider of next-generation antenna solutions, RF conditioning, synchronization, and test-and-measurement equipment for about $42 million. Read more.
Industrial Growth Partners Acquires Marki Microwave
Industrial Growth Partners (IGP) has acquired Marki Microwave, marking a significant milestone for one of the RF and microwave industry’s most respected family-built companies. Founded in 1991 by Ferenc and Christine Marki, the company has spent more than three decades earning a reputation for technical excellence, scientific honesty, and a culture that consistently pushes the boundaries of high-performance RF and millimeter-wave design. With this transition, CEO Chris Marki will continue leading the company, and the Marki family will retain a meaningful ownership share, ensuring continuity in its values and long-held commitments. Financial details of the transaction were not disclosed. Read more.
Advent International Acquires u-blox AG in $1.3 Billion Private Equity Deal
ZI Zenith S.à r.l. (“Zenith”), a European indirect subsidiary of funds managed and/or advised by Advent International, L.P. (“Advent”), a leading private equity investor, announces the completion of the public tender offer for u-blox Holding AG (“u-blox”), a global provider of leading positioning and wireless communication technologies. All regulatory approvals have been granted, and all offer conditions have been satisfied. Advent will today settle the offer and pay the offer consideration of CHF 135 per share to all shareholders who have tendered their shares. This values the company at $1.3 Billion. The completion of the transaction marks the beginning of a long-term partnership between Advent and u-blox. Read more.
MPI Corporation Acquires Focus Microwaves to Advance RF and mmWave Measurements for Next-gen Technologies
Focus Microwaves, provider of measurement products and systems, has been acquired by MPI Corporation, a global leader in advanced semiconductor test solutions. This partnership marks a new chapter for Focus Microwaves and supports their mission to advance RF and mmWave measurement for next-generation technologies, including 5G, 6G, and advanced power devices. MPI shares its core values of innovation, engineering excellence, and customer commitment, ensuring continuity of the vision established more than 40 years ago by its founder, Dr. Christos Tsironis. Read more.
Microwave Techniques Acquires Symphony Microwave Technologies
Microwave Techniques, a manufacturer of high-power microwave components and RF solutions, has announced the successful closing of its acquisition of Symphony Microwave Technologies, a design and manufacturing group specializing in high-power components and systems for industrial, medical, military, scientific and commercial applications. Read more.
Diamond Antenna and Microwave Corporation Acquires Antenna Associates
Diamond Antenna and Microwave Corporation ("Diamond" or the "Company"), a developer of advanced radio frequency (RF) and electro-mechanical solutions for mission critical applications at the frontier of national security, connectivity and mobility, announced that it has acquired Antenna Associates, Inc. ("Antenna Associates" or "AA"), a Massachusetts-based developer of advanced Identification Friend or Foe (IFF) and secondary surveillance radar (SSR) antenna systems for military and commercial applications. Read more.
Delta to Acquire Noda RF Technologies to Expand its Power Solutions Portfolio for the Semiconductor Industry
Delta Electronics, Inc. (“Delta”), a global leader in power management and smart green solutions, has announced that it will acquire a 90.23% stake in Japan-based Noda RF Technologies Co., Ltd. (NRF) through its subsidiary Delta Electronics (Netherlands) B.V. for JPY 5,024 million (approximately NT$1,034 million). Combined with its existing holdings, Delta will own 100% of NRF upon completion of the transaction. Read more.
Skyworks and Qorvo Merge to Build a $22 Billion US Giant in High-Performance RF and Mixed-Signal Technology
Skyworks, a global leader in high-performance analog and mixed-signal semiconductors, and Qorvo, a leading global provider of connectivity and power solutions, have entered into a definitive agreement to combine the two companies in a cash-and-stock transaction that values the combined enterprise at approximately $22 billion to create a U.S.-based, global leader in high-performance radio frequency (RF), analog and mixed-signal semiconductors. Read more.
Keysight Technologies Completes Spirent Deal to Accelerate Innovation in 5G and Network Automation
Keysight Technologies has completed its acquisition of Spirent Communications plc. Spirent Communications is a leading global provider of automated test and assurance solutions for networks, cybersecurity, and positioning. Its innovative products, services, and managed solutions help customers address the testing, assurance, and automation challenges of next-generation technologies, including 5G, SD-WAN, cloud, and autonomous vehicles. Read more.
Molex to Acquire Smiths Interconnect to Enhance its Global Aerospace & Defense Capabilities
Molex, a leading global electronics connectivity innovator, has signed an agreement to acquire Smiths Interconnect. Smiths Interconnect, a subsidiary of United Kingdom-based Smiths Group plc, is a leading provider of high-reliability connectivity products and solutions serving the aerospace and defense, medical, semiconductor test and industrial markets. Smiths will receive cash consideration for the transaction, subject to customary adjustments for working capital, cash and debt. Read more.
Qualcomm to Acquire Arduino, Accelerating Developers' Access to Edge Computing and AI
Qualcomm Technologies has announced its agreement to acquire Arduino, a premier open-source hardware and software company. The transaction accelerates Qualcomm Technologies’ strategy to empower developers by facilitating access to its unmatched portfolio of edge technologies and products. This acquisition builds on the Company’s recent integrations of Edge Impulse and Foundries.io, reinforcing its commitment to delivering a full-stack edge platform that spans hardware, software, and cloud services. The closing of this transaction is subject to regulatory approval and other customary closing conditions. Read more.
SWISSto12 Acquires Key Assets and IP from Hanwha Phasor
SWISSto12, one of the world’s fastest-growing aerospace companies and a leading Original Equipment Manufacturer (OEM) of advanced satellite systems and radio frequency products, has announced the acquisition of intellectual property (IP) and key assets from Hanwha Phasor, following Hanwha Phasor’s liquidation. Read more.
Amphenol Corporation to Acquire Trexon, a Provider of RF Interconnects and Cable Assemblies
Amphenol Corporation has announced a definitive agreement to acquire Trexon for approximately $1 billion in cash, subject to customary post-closing adjustments. Trexon is a leading provider of high-reliability interconnect and cable assemblies primarily for the defense market. Headquartered in Boston, Massachusetts, and with facilities in the U.S. and the U.K., Trexon is expected to have 2025 sales and EBITDA margins of approximately $290 million and 26%, respectively. Read more.
CommScope to Sell Connectivity and Cable Solutions Segment to Amphenol for $10.5 Billion
CommScope, a global leader in network connectivity, has entered into a definitive agreement to sell its Connectivity and Cable Solutions (CCS) segment to Amphenol Corporation for approximately USD $10.5 billion in cash, to be paid by Amphenol upon closing. The sale is expected to close within the first half of 2026, subject to customary closing conditions, including receipt of applicable regulatory approvals and the affirmative vote of the shareholders. The vote is required under Delaware law due to the nature and size of the transaction. Read more.
Amphenol Corporation Acquires Narda-MITEQ in Strategic Expansion Move from JFLCO
Amphenol Corporation has acquired Narda-MITEQ is a leading global designer and manufacturer of advanced RF and microwave components and subsystems for defense and commercial end markets. Narda-MITEQ's highly engineered solutions facilitate the conditioning, management and transfer of RF and microwave energy in demanding operating environments across a variety of electronic warfare, signals intelligence, radar, communications and test and measurement applications. Read more.
Synopsys Completes Acquisition of Ansys, Creating a Powerhouse in AI-Driven Silicon and System Design
Synopsys, an industry-leading silicon design, IP, and simulation and analysis solutions has announced the completion of its acquisition of Ansys. The transaction, which was announced on January 16, 2024, combines leaders in the silicon design, IP, and simulation and analysis to enable customers to rapidly innovate AI-powered products. Synopsys is now positioned to win in an expanded $31 billion total addressable market (TAM). Read more.
JQL Technologies Acquires AMT Microwave's Portfolio of Spiral and Phased Array Antennas
JQL Technologies Corporation, a leading manufacturer of RF and microwave products, has announced the acquisition of AMT Microwave’s Spiral and Phased Array Antenna portfolio. This strategic acquisition aligns with JQL’s targeted market segments in Microwave Front-End Solutions and enhances the company’s ability to provide increased support to key customers. Read more.
Motorola to Acquire Silvus Technologies, a Developer of Software-Defined MANET Radios
Motorola Solutions announced that it has entered into a definitive agreement to acquire Silvus Technologies (“Silvus”) for $4.4 billion in up-front consideration. Based in Los Angeles, California, Silvus designs and develops software-defined high-speed mobile ad-hoc network (MANET) technology that enables highly secure data, video and voice communications without the need for fixed infrastructure. Silvus’ wide range of customers spans autonomous systems manufacturers, military, law enforcement and enterprises around the world. Read more.
SpaceX Acquires Assets of Akoustis Technologies for $30.2 Million
Akoustis Technologies (together with its wholly-owned subsidiaries Akoustis, Inc. and RFM Integrated Device Inc.,), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, has successfully completed the sale of substantially all of its assets to Tune Holdings Corp. (“Tune Holdings”), a wholly owned subsidiary of Space Exploration Technologies Corp. (“SpaceX”), in a going-concern transaction pursuant to Section 363 of the U.S. Bankruptcy Code (the “Transaction”). Read more.
Mercury Systems Acquires Star Lab to Strengthen Secure Processing Capabilities for Aerospace and Defense
Mercury has completed the acquisition of Star Lab, a subsidiary of Wind River Systems, Inc., that provides anti-tamper and cybersecurity software solutions designed to protect mission-critical processors from advanced attacks. Mercury has worked with Star Lab for more than a decade, leveraging its technology in deployed and awarded Common Processing Architecture and BuiltSECURE™ products, which mitigate reverse engineering and safeguard confidential data from adversarial threats even when a system has been compromised. This unique technology is required across many defense applications in order to deter, impede, detect, and respond to the exploitation of critical program information. Read more.
Airspan Completes Acquisition of Corning’s Wireless Infrastructure Business
Airspan Networks Holdings, a leading global provider of wireless network solutions, completes its acquisition of Corning Incorporated’s wireless business. With the finalization of the acquisition, Airspan assumes full ownership and operational control of Corning’s wireless assets, including its 6000 and 6200 distributed antenna systems (DAS) and its SpiderCloud 4G and 5G small cell radio access network (RAN) portfolio. The deal also adds valuable intellectual property and strengthens Airspan’s team with experienced wireless professionals. Read more.
Siemens Acquires Altair, a Leading Provider of Industrial Automation and Analysis Solutions for $10 Billion
Siemens announced that it has completed the acquisition of Altair, a leading provider of software in the industrial simulation and analysis market, for an enterprise value of approximately USD $10 Billion. With this acquisition, Siemens extends its leadership in simulation and industrial artificial intelligence (AI) by adding new capabilities in mechanical and electromagnetic simulation, high-performance computing (HPC), data science and AI. The addition of the Altair team and technology to Siemens will further enhance the most comprehensive Digital Twin and make simulation more accessible, so companies of any size can bring complex products to market faster. Read more.
Hexagon Completes Acquisition of Septentrio to Expand the Reach of Mission-Critical Navigation Applications
Hexagon has announced the closing of the acquisition of Septentrio NV, a manufacturer of GPS/GNSS positioning technology for autonomy and mission-critical applications. The acquisition of Septentrio will strengthen Hexagon’s position as the leader in the resilient, assured positioning solutions market and provide customers greater accessibility to high-accuracy and high-performance positioning technology with the SWaP (Size, Weight and Power) optimized platform. Read more.
Frontgrade Acquires IDSI to Bolster its RF Amplifier Offerings for Aerospace and Defense Markets
Frontgrade Technologies, a leading provider of high-reliability electronic solutions for space and national security missions, has acquired IDSI, the Defense Solutions division of Crescend Technologies. This strategic acquisition aims to bolster Frontgrade’s Radio Frequency (RF) amplifier offerings, particularly in aerospace and defense markets. Read more.
Trasna Acquires the u-blox Cellular IoT Business
u-blox, a global provider of positioning and wireless communication technologies and services, has signed an agreement to divest its Cellular business to Trasna for an undisclosed amount. The transaction is expected to close in Q2 2025, subject to customary closing conditions. Read more.
Qualcomm Strengthens AI and IoT Leadership with Edge Impulse Acquisition
Qualcomm Technologies to take a bold step in expanding its AI and IoT capabilities with the acquisition of Edge Impulse Inc., a leading platform for edge AI development. Announced at Embedded World Germany, this move is set to empower developers with new tools for building, deploying, and managing AI models across a wide range of edge devices. Read more.
ETL Systems Strengthens SATCOM Offerings with Acquisition of SpacePath Communications
ETL Systems has acquired SpacePath Communications, marking a significant milestone in the company’s continued growth within the global satellite communications sector. This strategic move aligns with ETL’s mission to provide innovative, high-quality solutions that meet the ever-evolving demands of its customers. Read more.
ETL Systems Acquires IRT Technologies to Strengthen its Satellite Communications Portfolio
ETL Systems has acquired IRT Technologies, a Canadian innovator in satellite communication products. This strategic move is part of our ongoing commitment to growth and innovation within the global satellite communications market. IRT Technologies is renowned for designing and manufacturing advanced GaN and GaAs-powered BUC/SSPB/SSPA, uplink SSPA/SSPB, and downlink LNB redundancy solutions, which are critical to the real-time delivery of voice, data, and multimedia services globally. Read more.
Airspan Enters into Agreement to Acquire the Wireless Business of Corning
Airspan Networks, a leading global provider of wireless network solutions, announced that it has entered into a definitive agreement to acquire the wireless business of Corning Incorporated. The transaction is subject to regulatory approval and is expected to close in Q1 2025. Read more.
Dassault Systèmes Acquires AMCAD Engineering, a Software and Hardware Manufacturer of RF Circuits
AMCAD Engineering has been acquired by Dassault Systèmes, joining its SIMULIA brand, dedicated to delivering science-based multiscale, multiphysics modeling and simulation solutions that enable companies to accelerate the development of safe, reliable, and sustainable products. Read more.
CommScope Sells its Outdoor Wireless Network and DAS Businesses to Amphenol Corporation
CommScope, a global leader in network connectivity, has announced the closing of the transaction to sell its Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business to Amphenol Corporation. The Company previously announced the signing of a definitive agreement for the transaction on July 18, 2024. Read more.
Micross Components Acquires Semiconductor Post-Processing Service Provider, Integra Technologies
Micross Components, Inc., a provider of high-reliability microelectronic product and service solutions for aerospace, defense, space, medical and industrial applications and a portfolio company of Behrman Capital, has closed the acquisition of Integra Technologies ("Integra"). Integra is an Outsourced Semiconductor Assembly and Test (OSAT) post-processing provider focused on high-reliability applications and end markets, headquartered in Wichita, Kansas. The acquisition of Integra further positions Micross as a leader in United States-based OSAT services and further broadens Micross' portfolio of high-reliability microelectronic services and products. Read more.
Anduril to Acquire Radar and Command-and-Control Businesses of Numerica Corporation
Anduril announced that it will acquire the Radar and Command and Control businesses of Numerica Corporation. This transaction expands Anduril’s mission systems solutions to include advanced signal processing and tracking algorithms and software, as well as advanced radar systems to bolster Anduril’s suite of air and missile defense capabilities. By integrating Numerica’s radar and battlespace awareness systems into the Anduril Lattice platform — a unified system connecting sensors, effectors, and systems — Anduril will deliver solutions designed to operate effective full-force combat operations. Read more.
