CARLSBAD, Calif. -- ViaSat Inc. here today announced it willacquire US Monolithics LLC (USM), a supplier of proprietary
gallium-arsenide (GaAs) millimeter-wave integrated circuits (MMICs). The deal is worth about $30 million in stock.
ViaSat--a supplier of advanced digital satellite telecommunications and wireless signal processing equipment for the VSAT market--will acquire USM in two steps.
ViaSat will complete the first step by acquiring 100% of the preferred units of USM held by WildBlue Communications, a supplier of Ka-band broadband satellite communications
Services.
ViaSat expects to complete the second step by acquiring the
common units of USM early in the next quarter, subject to customary closing conditions.
Founded in 1998, USM is primarily focused on developing GaAs MMICs, such as power amplifiers, block upconverters and transceivers. USM is a fabless chip-maker that uses a range of GaAs foundries.