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Analog Devices to buy Maxim Integrated for $21 billion

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Analog has just become a significantly bigger player in the semiconductor space — and could be instrumental in the race for 5G.
New York (CNN Business)Analog has just become a significantly bigger player in the semiconductor space — and could be instrumental in the race for 5G.
In one of the largest deals of the year, semiconductor manufacturer Analog Devices announced on Monday that it would buy competitor Maxim Integrated for $21 billion, merging second- and third-largest analog semiconductor companies into a conglomerate that will go toe-to-toe with larger rival Texas Instruments(TXN).

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