{"id":26102,"date":"2020-07-13T15:30:00","date_gmt":"2020-07-13T12:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/analog-devices-to-buy-maxim-integrated-in-21b-chipmaker-deal\/"},"modified":"2020-07-13T15:30:00","modified_gmt":"2020-07-13T12:30:00","slug":"analog-devices-to-buy-maxim-integrated-in-21b-chipmaker-deal","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/analog-devices-to-buy-maxim-integrated-in-21b-chipmaker-deal\/","title":{"rendered":"#Analog Devices to buy Maxim Integrated in $21B chipmaker deal"},"content":{"rendered":"

“#Analog Devices to buy Maxim Integrated in $21B chipmaker deal<\/strong>”<\/p>\n

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July 13, 2020 |<\/span> 8:30am <\/p>\n

\n Analog Devices is buying rival chipmaker Maxim Integrated Products for about $21 billion, the companies announced Monday.<\/p>\n

The massive all-stock acquisition will make Massachusetts-based Analog a semiconductor giant valued at more than $68 billion and give it a stronger foothold in markets such as autonomous vehicles and 5G communications networks.<\/p>\n

Both companies make integrated circuits \u2014 tiny chips used in cellphones, computers and many other devices \u2014 and serve a wide range of industries such as health care, transportation and consumer markets.<\/p>\n

\u201cADI and Maxim share a passion for solving our customers\u2019 most complex problems, and with the increased breadth and depth of our combined technology<\/a> and talent, we will be able to develop more complete, cutting-edge solutions,\u201d Analog President and CEO Vincent Roche said in a statement.<\/p>\n

The news<\/a> sent shares in California-based Maxim soaring 19.3 percent to $76.48 in premarket trading as of 7:29 a.m., while Analog\u2019s stock price was recently up 2.3 percent at $127.40.<\/p>\n

The terms of the deal will give Maxim stockholders 63 percent of an Analog share for each Maxim share they own. Current Analog shareholders will own about 69 percent of the combined company and Maxim shareholders will own the other 31 percent, the companies said.<\/p>\n

\"A<\/img>
A semiconductor chip<\/span>Boston Globe via Getty Images<\/span><\/figcaption><\/figure>\n

Two Maxim directors \u2014 including President and CEO Tun\u00e7 Doluca \u2014 will join Analog\u2019s board after the deal closes, which is expected to happ<\/a>en in the summer of next year, according to a news release.<\/p>\n

The companies touted the tie-up as \u201chighly complementary\u201d given Maxim\u2019s strength in the automotive and data center markets and Analog\u2019s position in the digital health care, communications and industrial segments. The combined firm is expected to bring in revenues of $8.2 billion.<\/p>\n

\u201cAnalog Devices\u2019 diverse market reach could help it hold up during a sharp, short-term pandemic-related disruption to demand and supply chains,\u201d Bloomberg Intelligence senior analyst Woo Jin Ho wrote in a Monday note. \u201cIts strength in 5G, data-center communications, energy and government helps buffer the pandemic headwinds.\u201d<\/p>\n

With Post wires<\/em>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

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If you want to read more Business News articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Analog Devices to buy Maxim Integrated in $21B chipmaker deal” July 13, 2020 | 8:30am Analog Devices is buying rival chipmaker Maxim Integrated Products for about $21 billion, the companies announced Monday. The massive all-stock acquisition will make Massachusetts-based Analog a semiconductor giant valued at more than $68 billion and give it a stronger foothold…<\/p>\n","protected":false},"author":1,"featured_media":26103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[37715],"class_list":["post-26102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-analog-devices-to-buy-maxim-integrated-in-21b-chipmaker-deal"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/26102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=26102"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/26102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/26103"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=26102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=26102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=26102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}