UGN Security

Reuters exclusively reported that U.S. semi-conductor maker Analog Devices Inc (ADI) is set to gain unconditional European Union antitrust approval for its proposed $21 billion takeover of Maxim Integrated Products. The deal, ADI’s biggest, will boost its market share in automotive and 5G chipmaking and enable it to better compete with larger firms including Texas Instruments.


The post Reuters reveals Analog Devices’ $21 billion Maxim buy set for EU approval; market reacts appeared first on Reuters News Agency.

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