<SEC-DOCUMENT>0001193125-18-113010.txt : 20180525
<SEC-HEADER>0001193125-18-113010.hdr.sgml : 20180525
<ACCEPTANCE-DATETIME>20180410163755
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-18-113010
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20180410

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MACOM Technology Solutions Holdings, Inc.
		CENTRAL INDEX KEY:			0001493594
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				270306875
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		100 CHELMSFORD STREET
		CITY:			LOWELL
		STATE:			MA
		ZIP:			01851
		BUSINESS PHONE:		(978) 656-2500

	MAIL ADDRESS:	
		STREET 1:		100 CHELMSFORD STREET
		CITY:			LOWELL
		STATE:			MA
		ZIP:			01851

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	M/A-COM Technology Solutions Holdings, Inc.
		DATE OF NAME CHANGE:	20100607
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML><HEAD>
<TITLE>CORRESP</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">April 10, 2018 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>VIA EDGAR </U></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">U.S. Securities and Exchange Commission
</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Division of Corporation Finance </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">100 F Street, N.E. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Washington, DC 20549 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>RE:</B></TD>
<TD ALIGN="left" VALIGN="top"><B>MACOM Technology Solutions Holdings, Inc. </B></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the Fiscal Year Ended September&nbsp;29, 2017 (the &#147;Form <FONT STYLE="white-space:nowrap">10-K&#148;)</FONT> </B></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Filed November&nbsp;15, 2017 </B></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD ALIGN="left" VALIGN="top"><B>File <FONT STYLE="white-space:nowrap">No.&nbsp;001-35451</FONT> </B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dear Mr. Kuhar: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">MACOM Technology Solutions Holdings, Inc. (the &#147;Company,&#148; &#147;we&#148; or &#147;us&#148;), hereby submits responses to the comments
of the staff (the &#147;Staff&#148;) of the U.S. Securities and Exchange Commission (the &#147;Commission&#148;) contained in the Staff&#146;s letter dated March&nbsp;28, 2018 (the &#147;Comment Letter&#148;), relating to the above-referenced Form <FONT
STYLE="white-space:nowrap">10-K.</FONT> The headings of this letter correspond to the headings contained in the Comment Letter, and to facilitate your review, we have reproduced below the original text of the Staff&#146;s comments, in bold, followed
by the Company&#146;s responses. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the Fiscal Year Ended September&nbsp;29, 2017 </U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>Note 3. Acquisitions </U></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>Acquisition of Assets of
Picometrix LLC, page 62 </U></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B><I>1.</I></B></TD>
<TD ALIGN="left" VALIGN="top"><B><I>You disclose that the Picometrix acquisition was accounted for as an asset purchase. Refer to ASC
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">805-50-30-3</FONT></FONT></FONT> and explain to us how your characterization of this transaction as an asset purchase is consistent with the recording
of goodwill. Otherwise, revise this note in future filings to correctly describe the transaction as the acquisition of a business. </I></B></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Response: </B>The Company will describe the Picometrix acquisition as an acquisition of a business in future filings.<B>&nbsp;</B> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>Item 9A. Controls and Procedures </U></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>Evaluation of
Disclosure Controls and Procedures, page 87 </U></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B><I>2.</I></B></TD>
<TD ALIGN="left" VALIGN="top"><B><I>We note that the report of your Independent Registered Public Accounting Firm on page 88 indicates that management excluded AppliedMicro from its assessment of the effectiveness of internal control over financial
reporting. Here you indicate that the scope of your evaluation including the effectiveness of your disclosure controls for fiscal year 2017 excluded internal controls related to financial reporting for periods prior to AppliedMicro integration.
Please note that the accommodation provided for excluding newly acquired entities in Question 3 of the Frequently Asked Questions on Management&#146;s Report on Internal Control Over Financial Reporting does not apply to your evaluation of
disclosure controls and procedures. Please amend the filing to provide management&#146;s conclusion on the effectiveness of all of your disclosure controls and procedures as of September&nbsp;29, 2017. Refer to Exchange Act Rules <FONT
STYLE="white-space:nowrap">13a-15(e)</FONT> and <FONT STYLE="white-space:nowrap">15d-15(e).</FONT> </I></B></TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Response: </B>In response to the Staff&#146;s comment, the Company proposes to amend and restate the section
titled &#147;Evaluation of Disclosure Controls and Procedures&#148; under Item 9A of its Form <FONT STYLE="white-space:nowrap">10-K</FONT> as follows: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Evaluation of Disclosure Controls and Procedures </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We maintain disclosure controls and procedures (as defined in Rule <FONT STYLE="white-space:nowrap">13a-15(e)</FONT> under the Securities
Exchange Act of 1934, as amended (the Exchange Act), that are intended to ensure that information that would be required to be disclosed in Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in the
SEC&#146;s rules and forms, and that such information is accumulated and communicated to our management, including the Principal Executive Officer and the Principal Financial Officer, as appropriate, to allow timely decisions regarding required
disclosure. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">An evaluation was performed, under the supervision, and with the participation of our management, including our Principal
Executive Officer and Principal Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of September&nbsp;29, 2017. <STRIKE>We acquired AppliedMicro on
January</STRIKE><STRIKE></STRIKE><STRIKE>&nbsp;26, 2017 and subsequently integrated their existing financial reporting processes and procedures into our financial reporting internal control structure. Accordingly, the scope of our evaluation
including the effectiveness of our disclosure controls for fiscal year 2017 excluded internal controls related to financial reporting for periods prior to AppliedMicro integration. AppliedMicro&#146;s
<FONT STYLE="white-space:nowrap">pre-integration</FONT> revenue constituted approximately 11% of our consolidated revenue for the fiscal year ended September</STRIKE><STRIKE></STRIKE><STRIKE>&nbsp;29, 2017.</STRIKE> Based on this evaluation, our
Principal Executive Officer and Principal Financial Officer concluded that our disclosure controls and procedures were effective as of September&nbsp;29, 2017<STRIKE> at the reasonable assurance level</STRIKE>. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B><I>3.</I></B></TD>
<TD ALIGN="left" VALIGN="top"><B><I>Further, as we note that you concluded that your disclosure controls and procedures were effective at the reasonable assurance level, please revise the disclosure in the requested amendment to indicate, if true,
that your disclosure controls and procedures are designed to provide reasonable assurance that controls and procedures will meet their objectives. Otherwise, advise us. </I></B></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Response: </B>In response to the Staff&#146;s comment, the Company proposes to amend and restate the section titled &#147;Evaluation of Disclosure Controls
and Procedures&#148; under Item 9A of its Form <FONT STYLE="white-space:nowrap">10-K</FONT> as noted in its response to the Staff&#146;s second comment above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>Management&#146;s Annual Report on Internal Control over Financial Reporting, page 87</U> </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B><I>4.</I></B></TD>
<TD ALIGN="left" VALIGN="top"><B><I>Revise this report in the amended Form <FONT STYLE="white-space:nowrap">10-K</FONT> to provide the disclosures discussed in Question 3 of the Frequently Asked Questions on Management&#146;s Report on Internal
Control Over Financial Reporting as they relate to your management excluding the recently acquired business, AppliedMicro, from its assessment of the effectiveness of your internal control over financial reporting. You may find the FAQs at
https://www.sec.gov/info/accountants/controlfaq.htm. </I></B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Response: </B>AppliedMicro was acquired on January&nbsp;26, 2017 and became
fully integrated into our systems of internal control over financial reporting on August&nbsp;1, 2017. Since management&#146;s assessment of the effectiveness of its internal control over financial reporting as of September&nbsp;29, 2017 included
AppliedMicro, the qualification of its assessment of the effectiveness of its internal control over financial reporting was unnecessary. As a result, the Company proposes to amend its Form <FONT STYLE="white-space:nowrap">10-K</FONT> to exclude any
qualifications with respect to the acquisition of AppliedMicro in its management&#146;s report and the report of the Company&#146;s Independent Registered Public Accounting Firm. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B><I>5.</I></B></TD>
<TD ALIGN="left" VALIGN="top"><B><I>We note that AppliedMicro appears to represent 46% of your total assets at September&nbsp;29, 2017. Tell us why the balance sheet impact of AppliedMicro has not been quantified in management&#146;s report or in
the report of your Independent Registered Public Accounting Firm. Otherwise, revise the reports in the requested amendment to disclose the significance the assets excluded from your assessment. Refer to Question 3 of the Frequently Asked Questions
on Management&#146;s Report on Internal Control over Financial Reporting as well as PCAOB Auditing Standard 2201.B16. </I></B></TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Response: </B>As noted in response to the Staff&#146;s fourth comment above, the Company advises the Staff
that the qualification of its assessment of the effectiveness of its internal control over financial reporting was unnecessary based on the Company&#146;s evaluation of its internal control undertaken as of September&nbsp;29, 2017. As a result, the
Company proposes to amend its Form <FONT STYLE="white-space:nowrap">10-K</FONT> to exclude any qualifications with respect to the acquisition of AppliedMicro in its management&#146;s report and the report of the Company&#146;s Independent Registered
Public Accounting Firm. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If we can facilitate the Staff&#146;s review, or if the Staff has any questions on any of the information set
forth herein, please telephone me at (978) <FONT STYLE="white-space:nowrap">656-2753.</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:54%; text-indent:-2%; font-size:10pt; font-family:Times New Roman">Sincerely, </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:54%; text-indent:-2%; font-size:10pt; font-family:Times New Roman">/s/ Robert J. McMullan </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:54%; text-indent:-2%; font-size:10pt; font-family:Times New Roman">Senior Vice President and Chief Financial Officer </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left">Cc:</TD>
<TD ALIGN="left" VALIGN="top">Marko Zatylny, Ropes&nbsp;&amp; Gray LLP </TD></TR></TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
