Analog Devices Confirms Maxim Integrated Acquisition
Analog Devices (ADI) and Maxim Integrated Products announced that they have entered into a definitive agreement under which ADI will acquire Maxim in an all stock transaction that values the combined enterprise at over $68 billion. The combination of the two North-American semiconductor companies was announced to increase scale and diversification of the combined business, enhancing domain expertise and breadth of engineering capabilities to develop more complete solutions. The transaction is expected to close in the summer of 2021.