Announced
Completed
Financials
Tags
United States
integrated circuits
Majority
Merger
chipmaking
Acquisition
Public
Semiconductors
Friendly
Single Bidder
Domestic
Completed
Synopsis
Analog Devices, an American multinational semiconductor company, completed the merger with Maxim Integrated Products, an American, publicly-traded company that designs, manufactures, and sells analogue and mixed-signal integrated circuits, in a $21bn deal. "Today's exciting announcement with Maxim is the next step in ADI's vision to bridge the physical and digital worlds. ADI and Maxim share a passion for solving our customers' most complex problems, and with the increased breadth and depth of our combined technology and talent, we will be able to develop more complete, cutting-edge solutions. Maxim is a respected signal processing and power management franchise with a proven technology portfolio and impressive history of empowering design innovation. Together, we are well-positioned to deliver the next wave of semiconductor growth, while engineering a healthier, safer and more sustainable future for all," Vincent Roche, ADI President and CEO. On April 1, 2021, Analog Devices gained unconditional EU antitrust clearance for its $21bn acquisition of Maxim Integrated.
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