POWERWAVE TO BUY HP’S RF AMPLIFIER BUSINESS

IRVINE, Calif.-Powerwave Technologies Inc. will acquire Hewlett-Packard Co.’s radio-frequency power amplifier business and its manufacturing facility located in Folsom, Calif., for about $59 million, the companies announced. The business, part of HP’s Wireless Infrastructure Division, designs and manufactures RF power amplifiers for wireless communications, including cellular, personal communications services and wireless local loop.