Chipmaker Analog Devices buys rival Maxim for about $21 billion

Semiconductor maker Analog Devices Inc sealed the United States’ biggest merger this year on Monday, buying rival Maxim Integrated Products Inc for around $21 billion in a move to expand market share in automotive and 5G chipmaking. The offer values Maxim at $78.43 per share, a premium of about 22% to its Friday close and […]