{"id":228801,"date":"2021-04-01T11:35:44","date_gmt":"2021-04-01T11:35:44","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=313897"},"modified":"2021-04-01T11:35:44","modified_gmt":"2021-04-01T11:35:44","slug":"european-commission-clears-21b-analog-maxim-deal","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/04\/01\/european-commission-clears-21b-analog-maxim-deal\/","title":{"rendered":"European Commission clears $21B Analog, Maxim deal"},"content":{"rendered":"

<\/p>\n

\tThe European Commission (EC) cleared a proposed acquisition of Maxim Integrated Products by semiconductor rival Analog Devices, a transaction expected to complete by mid-year.<\/p>\n

In a brief notification, EC competition regulators gave a green light without raising any concerns about the deal between the two US-based companies.<\/p>\n

The $20.9 billion all-stock deal was announced in July 2020 [1] and is a tie-up Analog Devices said would expand its range of technological and engineering abilities, helping it \u201cdeliver the next wave of semiconductor growth\u201d.<\/p>\n

In its statement at the time, Analog Devices added Maxim\u2019s strengths in developing technologies for the automotive and data centre markets complemented its general industrial, communications and digital healthcare products.<\/p>\n

The deal was approved by shareholders of both companies in October 2020, when Analog Devices noted it was still waiting for the regulatory nod from authorities outside the US.<\/p>\n

During an earnings call in February covering fiscal Q1 2021 (calendar Q4 2020), Analog Devices said the deal was on track to complete by the middle of this year.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/analog-devices-makes-21b-move-for-maxim<\/p>\n\n

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The European Commission (EC) cleared a proposed acquisition of Maxim Integrated Products by semiconductor rival …<\/p>\n

The post European Commission clears $21B Analog, Maxim deal<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":246,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"European Commission clears $21B Analog, Maxim deal - ITTeacherITFreelance.hk","description":"The European Commission (EC) cleared a proposed acquisition of Maxim Integrated Products by semiconductor rival ... The post European Commission clears $21B Ana"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/228801"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/246"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=228801"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/228801\/revisions"}],"predecessor-version":[{"id":228802,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/228801\/revisions\/228802"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=228801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=228801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=228801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}