Computer chip maker Analog Devices buys Maxim Integrated, creating it a company worth about $68 billion
Shortpedia
Content Team
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Analog Devices is all set to purchase Maxim Integrated in an all-stock deal making it a firm worth about $68 billion and will enhance its position as well. The $20 billion acquisition would also give Analog a more defined role in the development technology for 5G networks and self-piloted vehicles. Maxim will receive 0.630 of a share of Analog common stock for each share of Maxim common stock they hold at the transaction's closing.
