Tuesday 24 August 2021

ANALOG DEVICES, MAXIM INTEGRATED UNVEIL CHINA ANTITRUST CLEARANCE FOR COMBINATION



KUALA LUMPUR, Aug 24 (Bernama) -- Analog Devices Inc and Maxim Integrated Products Inc have announced that China’s State Administration for Market Regulation has given antitrust clearance for Analog Devices’ previously announced acquisition of Maxim.


According to a statement, the transaction has now received all required regulatory clearances.


Analog Devices and Maxim anticipate that the transaction will close on or about Aug 26, subject to satisfaction of the remaining customary closing conditions.


Analog Devices is a leading global semiconductor company dedicated to solving the toughest engineering challenges, while Maxim Integrated is an engineer’s engineering company, exists to solve the designer’s toughest problems in order to empower design innovation.


More details at http://www.analog.com.


-- BERNAMA

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