# Analog Devices acquires Flex Logix's embedded FPGA assets

Analog Devices (ADI) has acquired the embedded FPGA assets of Flex Logix, a US-based reconfigurable AI chip design company, and hired its technology team. The transaction terms were not disclosed.

- Type: Acquisition
- Announced: 2024-11-10
- Where: United States
- Value: $21.0B
- Status: completed
- Products: embedded FPGA technology, AI accelerator chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Analog Devices](https://endata.com/companies/15464.md) (acquirer)
- [Maxim Integrated Products](https://endata.com/companies/28635.md) (target)
- [Flex Logix](https://endata.com/companies/80882.md) (target)

## Sources

- [ic-online.com](https://www.ic-online.com/blog/post/global-semiconductor-industry-experiences-a-wave-of-mergers), 2024-11-11: "Flex Logix's eFPGA technology could potentially be integrated into ADI's low-power MAX microcontroller, which features a hardwired ML accelerator, providing greater flexibility."
- [platformexecutive.com](https://www.platformexecutive.com/news/technology-platforms/chipmaker-analog-devices-to-buy-rival-maxim-integrated-products-for-21-billion/), 2024-12-09: "Analog Devices today announced an agreement to acquire rival Maxim Integrated Products Inc in an all-stock transaction valued at about $21 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.