ANADIGICS, Inc. (NASDAQ: ANAD), a world leader in radio frequency (RF) solutions, completed its previously announced sale to II‐VI Incorporated (NASDAQ: IIVI), a leader in engineered materials and optoelectronic components for approximately $78.2 million in cash. Needham & Company acted as the exclusive financial advisor to ANADIGICS, Inc.
ANADIGICS, Inc. (NASDAQ: ANAD) designs and manufactures innovative radio frequency (RF) solutions for the growing CATV infrastructure, small-cell, WiFi, and cellular markets. Headquartered in Warren, NJ, ANADIGICS offers RF products with exceptional reliability, performance and integration to deliver a unique competitive advantage to OEMs and ODMs for infrastructure and mobile applications. The Company’s award-winning solutions include line amplifiers, upstream amplifiers, power amplifiers, front-end ICs, front-end modules and other RF components.