Chip-maker Analog poised to buy rival Maxim Integrated for more than $17 billion
Semiconductor maker Analog Devices Inc. is in talks to buy rival Maxim Integrated Products Inc. for more than $17 billion in what would be one of the largest merger deals of the year, according to people familiar with the matter.
Analog
ADI,
and Maxim
MXIM,
are discussing an all-stock deal that would value Maxim at more than its current market value of roughly $17 billion, some of the people said. A deal could be finalized as soon as Monday, though it isn’t guaranteed and discussions could still fall apart.
