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Analog Devices to buy Maxim Integrated for $68 billion

Christian Fernsby ▼ | July 13, 2020
Analog Devices 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.
Analog Devices
Maxim Integrated   Analog Devices
The transaction, which was unanimously approved by the Boards of Directors of both companies, will strengthen ADI as an analog semiconductor leader with increased breadth and scale across multiple attractive end markets.

Topics: Analog Devices Maxim Integrated

Under the terms of the agreement, Maxim stockholders will receive 0.630 of a share of ADI common stock for each share of Maxim common stock they hold at the closing of the transaction.

Upon closing, current ADI stockholders will own approximately 69 percent of the combined company, while Maxim stockholders will own approximately 31 percent.

The transaction is intended to qualify as a tax free reorganization for U.S. federal income tax purposes.


 

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