Exhibit 99.2

UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS

INTRODUCTION

The following unaudited pro forma condensed combined balance sheet as of June 30, 2017 and the unaudited pro forma condensed combined statement of operations for the year ended September 30, 2016 and the nine months ended June 30, 2017 have been prepared to reflect the acquisition of Applied Micro Circuits Corporation (“AppliedMicro”) on January 26, 2017 (the “AppliedMicro Acquisition”) by MACOM Technology Solutions Holdings, Inc. (“MACOM” or “we”) and the subsequent disposition of AppliedMicro’s ARM-based compute processor business and non-communications workload processor business (the “Compute Business”) on October 27, 2017. On October 27, 2017, MACOM entered a purchase agreement (the “Purchase Agreement”) with our wholly-owned, indirect subsidiary MACOM Connectivity Solutions, LLC (“MACOM Connectivity”) and Project Denver Holdings LLC (“Denver”), pursuant to which we and MACOM Connectivity agreed to sell the assets of the Compute Business in exchange for an equity interest in Denver. In connection with the AppliedMicro Acquisition, MACOM announced a plan to divest the Compute Business. The Compute Business was a portion of AppliedMicro’s business and was accounted for as a discontinued operation by MACOM beginning on January 27, 2017.

The AppliedMicro Acquisition was accounted for as a business combination where MACOM was the acquirer and AppliedMicro was the acquiree. The unaudited pro forma condensed combined balance sheet includes AppliedMicro, excludes the Compute Business balance sheet as of June 30, 2017 and gives effect to the disposition of the Compute Business as if it had been completed on June 30, 2017. The unaudited pro forma condensed combined statements of operations for the year ended September 30, 2016 and the nine months ended June 30, 2017 combine the historical condensed statements of operations of MACOM and AppliedMicro and exclude the Compute Business, giving pro forma effect to the transactions as if they had been completed on October 3, 2015. The historical financial information has been adjusted in the unaudited pro forma condensed combined financial statements to give effect to pro forma events that are (1) directly attributable to the transactions, (2) factually supportable and (3) with respect to the statements of operations, expected to have a continuing impact on the combined results.

The unaudited pro forma condensed combined financial statements presented are based on the assumptions and adjustments described in the accompanying notes. The unaudited pro forma condensed combined financial statements are presented for illustrative purposes and do not purport to represent what the financial position or results of operations would actually have been if the transactions occurred as of the dates indicated or what such financial position or results would be for any future periods for the combined company. The unaudited pro forma condensed combined financial statements are based upon the respective historical consolidated financial statements of MACOM and AppliedMicro, and should be read in conjunction with the:

MACOM has accounted for the transactions, including the AppliedMicro Acquisition and subsequent disposition of the Compute Business, as a business combination and subsequent disposition. These are preliminary estimates and are dependent upon certain valuations and other studies that have yet to be completed or have not progressed to a stage where there is sufficient information for a definitive measurement. Accordingly, the pro forma adjustments are preliminary, subject to further revision as additional information becomes available and additional analyses are performed, and have been made solely for the purpose of providing unaudited pro forma condensed combined financial statements. Upon finalization of purchase accounting and consummation of certain transactions, final valuations and studies will be performed. Differences between these preliminary estimates and the final acquisition accounting may occur and these differences could have a material impact on the accompanying unaudited pro forma condensed combined financial statements and the combined company’s future financial position and results of operations. Fair values determined as of the assumed merger dates are based on the most recently available information. To the extent there are significant changes or as new information becomes available, the assumptions and estimates herein could change significantly.

The transactions are being accounted for as a business combination and a business disposal where MACOM acquired AppliedMicro and subsequently disposed of the Compute Business. AppliedMicro’s assets and liabilities will be measured and recognized at their fair values as of the date of the acquisition and consolidated with the assets, liabilities and results of operations of MACOM. The difference between the fair value of the AppliedMicro purchase price consideration and the fair value of assets and liabilities acquired including the fair value of the Compute Business will be recorded as goodwill. The Compute Business’s assets and liabilities disposed of are at their carrying value at the date of disposition and deconsolidated from the assets, liabilities and results of operations of MACOM following the consummation of the disposition.

The unaudited pro forma condensed combined statements of operations do not include the impacts of any revenue, cost or other operating synergies that may result from the transactions or any related restructuring costs. The unaudited pro forma condensed combined statements of operations do not reflect certain amounts resulting from the transactions that were determined to be of a non-recurring nature.

UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEET

As of June 30, 2017

(in thousands)

The accompanying notes are an integral part of the unaudited pro forma condensed combined financial statements.

UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENT OF OPERATIONS

For the Nine Months Ended June 30, 2017

(in thousands, except share and per share amounts)

The accompanying notes are an integral part of the unaudited pro forma condensed combined financial statements.

UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENT OF OPERATIONS

For the Year Ended September 30, 2016

(in thousands, except share and per share amounts)

The accompanying notes are an integral part of the unaudited pro forma condensed combined financial statements.

Notes to Unaudited Pro Forma Condensed Combined Financial Statements

Description of Transactions

Acquisition of Applied Micro Circuits Corporation

On January 26, 2017, MACOM Technology Solutions Holdings, Inc. (“MACOM” or “we”) completed the acquisition of Applied Micro Circuits Corporation (“AppliedMicro”), a global provider of silicon solutions for next-generation cloud infrastructure and Cloud Data Centers, as well as connectivity products for edge, metro and long-haul communications equipment (the “AppliedMicro Acquisition”).

To prepare the unaudited pro forma condensed combined financial statements, MACOM adjusted AppliedMicro’s assets and liabilities to its estimated fair values based on preliminary valuation work. The purchase accounting is preliminary and subject to completion including certain fair value measurements, particularly the finalization of the valuation assessment of the acquired tangible and intangible assets. The adjustments arising from the completion of the outstanding matters may materially affect the preliminary purchase accounting. Accordingly, the final acquisition accounting adjustments may be materially different from the unaudited pro forma adjustments.

Compute Assets Sale

On October 27, 2017, we entered a purchase agreement (the “Purchase Agreement”) with our wholly-owned, indirect subsidiary MACOM Connectivity Solutions, LLC (“MACOM Connectivity”) and Project Denver Holdings LLC (“Denver”), pursuant to which we and MACOM Connectivity agreed to sell the assets of AppliedMicro’s ARM-based compute processor business and non-communications workload processor business (the “Compute Business”) in exchange for an equity interest in Denver.

The unaudited pro forma condensed combined financial statements do not give effect to any cost savings, operating synergies or revenue synergies that may result from the transactions or the costs to achieve any such cost savings, operating synergies and revenue synergies. There were no material transactions between MACOM and AppliedMicro during the period presented in the unaudited pro forma condensed combined financial statements that would need to be eliminated.

Basis of Presentation

The unaudited pro forma condensed combined financial statements were prepared in accordance with Article 11 of Regulation S-X. The unaudited pro forma condensed combined balance sheet as of June 30, 2017 is presented as if the transactions had been completed on June 30, 2017. The unaudited pro forma condensed combined statements of operations for the year ended September 30, 2016 and nine months ended June 30, 2017 assume the transactions took place as of October 3, 2015, and combine the historical results of MACOM and AppliedMicro and exclude the Compute Business for the same periods.

In connection with the AppliedMicro Acquisition, we acquired all of the outstanding common stock of AppliedMicro for total consideration of $695.4 million, which included cash paid of $287.1 million, less $56.8 million of cash acquired, and equity issued at a fair value of $465.1 million. In conjunction with the equity issued, we granted vested out-of-money stock options and unvested restricted stock units to replace outstanding vested out of-money stock options and unvested restricted stock units of AppliedMicro. The total fair value of granted vested out-of-money stock options and unvested restricted stock units was $14.5 million, of which $9.3 million was attributable to pre-combination service and was included in the total consideration transferred. We funded the AppliedMicro Acquisition with cash on hand and short term investments.

We recognized the AppliedMicro assets acquired and liabilities assumed based upon the fair value of such assets and liabilities measured as of the date of acquisition. The aggregate purchase price for AppliedMicro has been allocated to the tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair value at the date of acquisition. The excess of the purchase price over the fair value of the acquired net assets represents cost and revenue synergies specific to MACOM, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated to goodwill, none of which will be tax deductible.

The estimated consideration transferred was determined as follows (in thousands):

The preliminary allocation of purchase price as of June 30, 2017 is as follows (in thousands):

The components of the acquired intangible assets were as follows (in thousands):

As of March 31, 2016, AppliedMicro’s most recent fiscal year and filed tax returns, AppliedMicro reported federal net operating loss (“NOL”) carryforwards of approximately $1,233.0 million, which will expire at various dates through 2036, and federal research and development tax credit carryforwards of $64.6 million. AppliedMicro recorded a full valuation allowance against its outstanding net deferred tax assets, including those arising from the NOL as well as research and development tax credit carryforwards due to its history of losses.

MACOM recognizes deferred tax assets to the extent that we believe that these assets are more likely than not to be realized. In making this determination, we consider available positive and negative evidence or factors that may impact the valuation of our deferred tax asset including results of recent operations, future reversals of existing taxable temporary differences, projected future taxable income, and tax-planning strategies. During our fiscal quarter ended March 31, 2017, we acquired AppliedMicro and performed an evaluation of our deferred tax assets. A significant piece of objective negative evidence evaluated was the cumulative loss incurred over the three-year period ended March 31, 2017, which we believe limits our ability to consider other subjective evidence, such as our projections for future growth. Certain transaction and integration related expenses incurred in the U.S. associated primarily with the AppliedMicro Acquisition during the three months ended March 31, 2017 resulted for the first time in significant negative objective evidence in the form of adjusted cumulative losses in the U.S. over the past three-year period. This resulted in our determination that there was not sufficient objectively verifiable positive evidence to offset this negative objective evidence and we concluded that a full valuation allowance totaling $88.0 million was required for our U.S. deferred tax assets as of March 31, 2017. As of October 2, 2015, our deferred tax asset balance was $78.6 million, with $9.4 million of tax assets being recognized in the year ended September 30, 2016. We have performed an initial evaluation and estimated a full valuation allowance for our U.S. deferred tax assets will still be required following the Compute Business disposition.

The unaudited pro forma condensed combined financial statements include pro forma adjustments to give effect to the transactions. The pro forma adjustments reflecting the completion of the transactions are based upon the accounting analysis conclusion that the AppliedMicro Acquisition should be accounted for as a business combination and upon the assumptions set forth below.

Amortization expense is recognized based on the pattern over which we expect to receive the economic benefit from these assets. Future amortization expense for the next five fiscal years is as follows:

(1) Excludes shares subject to unvested outstanding stock options and unvested restricted stock units.