Texas Instruments Said in Talks to Acquire Maxim Integrated

[ithon]

[url]http://www.bloomberg.com/news/articles/2015-10-28/texas-instruments-said-in-talks-to-acquire-maxim-integrated[/url]

[quote]Texas Instruments Inc., the biggest maker of analog chips, is in talks to acquire Maxim Integrated Products Inc., people with knowledge of the matter said.
Maxim’s management, who also received interest from from Analog Devices Inc., may not be willing to sell unless they get a very high premium, said the people, who asked not to be identified because the information is private. The talks are continuing and may not result in a transaction. Maxim, based in San Jose, California, jumped 9.3 percent to $42.01 at the close in New York, giving the company a market value of about $11.9 billion.

The semiconductor industry is in the midst of a record year for mergers and acquisitions as companies get together to pool resources and get bigger in the face of a narrowing customer base and increasing costs. Texas Instruments, which competes with Maxim and Analog Devices in the analog chip market, extended its leadership in that area with its 2011 acquisition of National Semiconductor Corp. Texas Instruments has been absent from this year’s merger spree.[/quote]

[woolio1]

Huh. I didn't expect to see TI in the news... ever, really.

Interesting.

[Shisno]

This is honestly just a rumor, Maxim makes too much to sell out now.

[ithon]

[QUOTE=Shisno;49003784]This is honestly just a rumor, Maxim makes too much to sell out now.[/QUOTE]

with the other major semi companies merging I'm not doubtful of this being true.

[LoneWolf_Recon]

Honestly I'd rather they stay separate (for competition sake), TI can get pretty pushy on the cost of some of its chips. Also the fact that Maxim fills a better niche than TI for DC-DC converter chips.

Both companies are doing fine anyways.

[Zero-Point]

[QUOTE=LoneWolf_Recon;49004556]Honestly I'd rather they stay separate (for competition sake), TI can get pretty pushy on the cost of some of its chips. Also the fact that Maxim fills a better niche than TI for DC-DC converter chips.

Both companies are doing fine anyways.[/QUOTE]

Yeah, but we're a free-market capitalist society, it's their responsibility to buy out the competition.