IQE has agreed to acquire the compound semiconductor epiwafer manufacturing business of Kopin for$75m in cash.
The Taiwan-based business manufactures heterojunction bipolar transistor materials which are used in power amplifiers,many of which are part of every mobile phoen design.
They are manufactured using Metal Organic Chemical Vapour Deposition(MOCVD)epitaxial wafer technology,and the deal will extend IQE's market share in wireless industry supply.
"This acquisition is our third key transaction in the past 12 months.It significantly enhances our scale and provides us with a highly complementary product line in the wireless space,"said Drew Nelson,CEO of IQE.