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July 14, 2020

Purchase to create $68B chipmaker

NEW YORK (AP) — Computer chip maker Analog Devices is buying Maxim Integrated in an all-stock deal that will create a company worth about $68 billion, and strengthens its position in the analog semiconductor sector.

The $20 billion acquisition would also give Analog a more defined roll in the development technology for 5G networks and self-piloted vehicles.


 
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