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Analog Devices buys Maxim Integrated, creating company worth USD 68 bln

2020-07-13 17:09:00| Telecompaper Headlines

(Telecompaper) Chipmaker Analog Devices, based in Norwood, Massachusetts, has announced the acquisition of Maxim Integrated Products of California, in an all-stock transaction that values the combined company at over USD 68 billion. Both boards have approved the deal, which is expected to increase the breadth and scale of Analog across different and "attractive" end markets, the company said. Specifically, Analog said Maxim's applications-focused product offerings will complement its own catalogue of broad market products.

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