Maxim Integrated is the acquisition of Analog Devices

The week opens with an important acquisition in the semiconductor market: Analog Devies announces that it has reached an agreement to extend its hands on Maxim Integrated, hitherto its competitor, putting on the plate an economic investment that overseas sources believe is equal to about $ 21 billion. The goal is to push the integration of 5G solutions into the automotive sector.

Analog Devices: 21 billion for Maxim Integrated

The reality resulting from the operation is evaluated by analysts 68 billion dollars and able to quickly compete on equal terms with companies such as Texas Instruments. The go-ahead from the authorities will be necessary before we can formalize in every detail the handover that according to the official press release will arrive by the summer. These are the words of Vincent Roche, President and CEO of Analog Devices.

Analog Devices and Maxim share the passion to solve the most complex customer problems and thanks to the mix of technology and talent resulting from this combination we will be able to develop even more complete and advanced solutions.

Maxim Integrated was founded in 1983 to become a public company five years later. Between 2002 and 2013 it completed nine acquisitions including the most recent of Voltera. It specializes in technologies for the four-wheeler sector and data centers. For its part, Analog Devices has concentrated its business so far on the industry and healthcare sectors.

Source: Reuters