Analog Devices gets China's blessing for Maxim takeover

August 23, 2021 // By Peter Clarke
Analog Devices gets China's blessing for Maxim takeover
China's State Administration for Market Regulation has given antitrust clearance for Analog Devices’ previously announced acquisition of Maxim, the two companies announced Monday August 23.

The deal, first announced in July 2020 (see Analog Devices to pay $21 billion to take over Maxim ) as an all stock deal, will help Analog Devices overtake Texas Instruments as the world's largest analog chip company.

Analog Devices said the deal has now received all required regulatory clearances and is expected to close on August 26, 2021, subject to remaining customary closing conditions.

Renesas' acquisition of Dialog Semiconductor plc is also expected to close soon and can be seen in the same light as various players seek to be consolidators rather than be consolidated.

Related links and articles:

www.analog.com

www.maximintegrated.com

News articles:

Will China block Analog Devices' growth aspirations?

Analog Devices to pay $21 billion to take over Maxim

Shareholders approve Analog Devices and Maxim deal


Vous êtes certain ?

Si vous désactivez les cookies, vous ne pouvez plus naviguer sur le site.

Vous allez être rediriger vers Google.