MACOM Technology Solutions Holdings Set to Join S&P MidCap 400
08/12/2022 - 07:28 PM
NEW YORK , Aug. 12, 2022 /PRNewswire/ -- MACOM Technology Solutions Holdings Inc. (NASD: MTSI) will replace SailPoint Technologies Holdings Inc. (NYSE: SAIL) in the S&P MidCap 400 effective prior to the opening of trading on Wednesday, August 17 . Thoma Brava is acquiring SailPoint Technologies Holdings in a deal expected to be completed soon pending final conditions.
Following is a summary of the changes that will take place prior to the open of trading on the effective date:
Effective Date
Index Name
Action
Company Name
Ticker
GICS Sector
August 17, 2022
S&P MidCap 400
Addition
MACOM Technology Solutions
Holdings
MTSI
Information Technology
S&P MidCap 400
Deletion
SailPoint Technologies
Holdings
SAIL
Information Technology
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SOURCE S&P Dow Jones Indices
MACOM Technology Solutions Holdings Inc
MTSI Rankings
#786 Ranked by Stock Gains
MTSI Stock Data
Industry
Semiconductor and Related Device Manufacturing
Sector
Manufacturing
Tags
Electronic Technology, Semiconductors, Manufacturing, Semiconductor and Related Device Manufacturing
About MTSI
macom is a new breed of analog semiconductor company—one that delivers a unique combination of high growth, diversification and high profitability. we are enabling a better-connected and safer world by delivering breakthrough semiconductor technologies for optical, wireless and satellite networks that satisfy society’s insatiable demand for information. today, macom powers the infrastructure that millions of lives and livelihoods depend on every minute to communicate, transact business, travel, stay informed and be entertained. our technology increases the speed and coverage of the mobile internet and enables fiber optic networks to carry previously unimaginable volumes of traffic to businesses, homes and data centers. keeping us all safe, macom technology enables next-generation radars for air traffic control and weather forecasting, as well as mission success on the modern networked battlefield. macom is the partner of choice to the world’s leading communications infrastructure and a