0

July 27, 2016 AT 9:18 am

Analog Devices to Buy Linear Technology for $14.8 Billion @ADI_News @LinearTech

Linear Logo Square

6Micib0C

Analog Devices to Buy Linear Technology for $14.8 Billion – Bloomberg.

Analog Devices Inc. agreed to acquire Linear Technology Corp. for about $14.8 billion, potentially restarting a scramble by chipmakers to add scale amid record industry consolidation.
Analog will pay $60 a share for rival Linear, in cash and stock — a premium of 24 percent to its closing price Monday — the two companies said in a statement Tuesday. They expect to close the transaction by the first half of 2017.

Like its rivals, Analog Devices is looking to get bigger to close the gap with industry leader Texas Instruments Inc., the biggest maker of the semiconductors that perform basic tasks in electronics. By buying out a competitor, National Semiconductor Corp., and updating production, Texas Instruments says it has cheaper manufacturing and more product offerings than anyone else. Its stock hit a record this year.

Read more.


More consolidation. Bloomberg says Qualcomm might be next.


Check out all the Circuit Playground Episodes! Our new kid’s show and subscribe!

Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.

Join us every Wednesday night at 8pm ET for Ask an Engineer!

Learn resistor values with Mho’s Resistance or get the best electronics calculator for engineers “Circuit Playground”Adafruit’s Apps!


Maker Business — Transforming Today’s Bad Jobs into Tomorrow’s Good Jobs

Wearables — Make it snow

Electronics — Pseudodifferential Measurement

Biohacking — Soft Artificial Human Heart #3DThursday #3DPrinting

Get the only spam-free daily newsletter about wearables, running a "maker business", electronic tips and more! Subscribe at AdafruitDaily.com !



No Comments

No comments yet.

Sorry, the comment form is closed at this time.