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TriQuint-RFMD merger solidifies defense market lead

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Harmeet
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BOSTON, USA: RFMD and TriQuint announced plans to merge operations creating a company that will surpass the current market leader, Skyworks, in the supply of advanced semiconductor products.

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The Strategy Analytics Advanced Defense Systems (ADS) service report, "TriQuint-RFMD Merger Solidifies Semiconductor Market Share Lead in Defense Sector," provides analysis on this deal and outlines the market share that the new company will command.

On February 24th, RFMD and TriQuint announced a definitive merger agreement under which the companies will combine in an all-stock transaction.

* Designed to be a merger of equals, the new company ("NewCo") will have a new name and shared leadership team.

* Both companies have an extensive portfolio of capabilities in the areas of advanced semiconductor process technologies such as gallium arsenide (GaAs) and gallium nitride (GaN).

* The combination will collate these complementary capabilities and enable the new company to successfully pursue defense market opportunities.

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