GigOptix to Acquire Endwave

In California, electronic and electro-optic components provider !%GigOptix Inc.%! of Palo Alto has signed a definitive merger agreement to acquire Endwave Corp. of San Jose, a provider of radio-frequency solutions and semiconductor products for the wireless mobile backhaul and satellite communications, electronic instruments, and defense and security markets. Retaining the name GigOptix Inc., the combined companies will provide high-speed products in both wireless mobile backhaul and optical networks. They will leverage Endwave’s manufacturing and GigOptix’s high-speed fiber optic front-end technology to provide solutions for next-generation 100- and 400-Gb/s drivers and electro-optic subsystems. The acquisition is expected to close in the second quarter of this year.