UPDATED. 2022-12-02 16:56 (금)
Analog to acquire Maxim for $20 billion
Analog to acquire Maxim for $20 billion
  • Jane Lee
  • 승인 2020.07.16 09:00
  • 댓글 0
이 기사를 공유합니다

It is the largest after Avago-Broadcom deal in semiconductors

Analog Devices will acquire Maxim Integrated Products in an all-stick stock transaction worth US$20.5 billion.

It is the second largest deal in the semiconductor industry __ Avago Technologies acquired Broadcom for US$37 billion in 2016.

It is also Analog’s second large acquisition. It bought Linear Technology for US$15.9 billion three years ago.

The merger ratio between Analog and Maxim is 1 to 0.630. Shareholders of the respective companies will hold a 69% and 31% stake of the merged entity. Maxim CEO Tunc Doluca and two directors will join Analog’s board after the merger is complete.

Analog expects the process will wrap up by the second quarter of next year. The combined company will have annual sales of US$82 billion and cash flow of US$27 billion, it said.

The acquisition price of $20.5 billion won higher than Maxim’s market value of Us$11.7 billion. Analog said through the merger, it could support issues faced by application developers better.

According to IC Insights, there has been around 20 mergers and acquisitions in the semiconductor since last year to June of this year. The amount equaled US$28 billion, larger than the previous year’s US$25.9 billion. The year 2017 saw the highest number of mergers and acquisitions in terms of value, standing at US$28.1 billion.

Analog will now pose as a strong threat to Texas Instrument, the world’s largest analogue semiconductor maker. According to IC Insights, sales of Texas Instrument, Analog and Maxim were US$10.223 billion, US$5.55 billion and US$2.125 billion, respectively.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2022 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트