Analog Devices is about to acquire Maxim Integrated Products

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Analog Devices is a chipmaker rarely heard by ordinary customer. But the components AD makes are vital for the whole electronic. The company is in talks to acquire the fellow. The American chip company Analog Devices is close to an acquisition of industry colleague Maxim Integrated Products. Insiders reported this to the British business newspaper Financial Times.

The takeover, which may already be announced on Monday, would be fully settled in shares. The deal is worth approximately $ 20 billion. That would make it one of the biggest deals since the beginning of the corona crisis. The pandemic caused many companies to become cautious about making acquisitions and investments.

With the acquisition, Analog Devices would sell more different types of products and move closer to market leader Texas Instruments in terms of turnover. The merged entity is said to be worth $ 70 billion. Maxim shareholders are said to control approximately 30 percent of the merged entity. Maxim is of particular interest to Analog because of its presence in the automotive industry.

About the author

Maurice Eisma

Maurice Esma, a co-founder of EconomicInform is a freelance journalist with the expertise in international finance and corporate rights. The author can be reached by email [email protected]

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