Press Release

LOWELL, MA--(BUSINESS WIRE)--Aug. 2, 2023-- MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI), a leading supplier of semiconductor products, today announced the appointment of Wayne Struble as Senior Vice President, Advanced Semiconductor Technology, effective immediately.

Mr. Struble has served as a MACOM Distinguished Fellow of Technology since joining MACOM in 2010. Mr. Struble is an expert in Radio Frequency (“RF”), microwave and millimeter wave integrated circuit (“IC”) design, semiconductor device modeling and testing, compound semiconductor process development and wireless communication system design. During his distinguished 40-year career, Mr. Struble has made significant technical contributions to the semiconductor industry in the areas of Gallium Arsenide (GaAs) and Gallium Nitride (GaN) circuit design and process development, published more than 25 technical papers and holds more than 50 patents in the field of RF and microwave semiconductors. Mr. Struble earned a B.S. in Electrical Engineering and an M.S. in Electrical Engineering from Michigan Technological University.

“On behalf of our board of directors and employees, I congratulate Wayne on this well-deserved appointment,” said Stephen G. Daly, President and Chief Executive Officer. “Wayne has the rare capability of understanding the complex relationship between semiconductor material science, circuit topologies and IC performance. He is a true innovator, and I am excited to see him take on this leadership role in which he will collaborate with and inspire our engineering teams to achieve industry leading results.”

About MACOM

MACOM designs and manufactures high-performance semiconductor products for the Telecommunications, Industrial and Defense and Datacenter industries. MACOM services over 6,000 customers annually with a broad product portfolio that incorporates RF, Microwave, Analog and Mixed Signal and Optical semiconductor technologies. MACOM has achieved certification to the IATF16949 automotive standard, the ISO9001 international quality standard and the ISO14001 environmental management standard. MACOM operates facilities across the United States, Europe, Asia and is headquartered in Lowell, Massachusetts. To learn more visit www.macom.com.

Special Note Regarding Forward-Looking Statements

This press release contains forward-looking statements based on MACOM management’s beliefs and assumptions and on information currently available to our management. These forward-looking statements include, among others, statements about Mr. Struble’s contributions to the development and execution of MACOM’s semiconductor technology roadmap and to MACOM’s ability to achieve industry leading results. These forward-looking statements reflect MACOM’s current views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause those events or our actual activities or results to differ materially from those indicated by the forward-looking statements, including, among other things, risks related to the ability of MACOM to realize the anticipated benefits of the transaction, MACOM’s ability to successfully supply, market and distribute its products and other business effects, including the effects of industry, market, economic, political or regulatory conditions, and those other factors described in “Risk Factors” in MACOM’s filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and other filings with the SEC. These forward-looking statements speak only as of the date of this press release, and MACOM undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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MACOM Technology Solutions Holdings, Inc.
Stephen Ferranti
Vice President, Strategic Initiatives and Investor Relations
P: 978-656-2977
E: stephen.ferranti@macom.com

Source: MACOM Technology Solutions Holdings, Inc.