Microsemi buys AML
AML Communications had previously entered into a definitive merger agreement with Anaren Inc. on Feb. 14, 2011 whereby Anaren would acquire AML for $2.15 per share in an all-cash transaction. On April 5, 2011, AML Communications’ board determined that Microsemi’s proposal to acquire AML represented a superior offer to its shareholders.
Headquartered in Camarillo, California, AML Communications is a provider of microwave amplifiers and subsystems for defense electronics applications. The company has a broad product portfolio and is a key supplier to major defense programs with Raytheon, Lockheed Martin, Northrop Grumman, L-3 Communications, BAE, and others.