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Analog Devices Inc. offered to acquire Maxim Integrated Products Inc. for $20.91 billion in stock, combining to compete in the analog semiconductor market.
Analog Devices (ADI) announced a definitive agreement to acquire Maxim Integrated in an all-stock transaction valuing the combined enterprise at over $68 billion. Maxim stockholders will receive 0.630 of a share of ADI common stock per share.
Maxim Integrated Products signed a catalog distribution agreement with CoreStaff Co., Ltd., effective November 3, 2017, to make Maxim's analog semiconductors available on CoreStaff's Zaikostore online shopping site in Japan.