Analog Devices, Inc. (NASDAQ:ADI) today announced the completion of its previously announced acquisition of Maxim Integrated Products, Inc. (NASDAQ:MXIM). The combination further strengthens ADI's position as a high-performance analog semiconductor company with trailing twelve-month revenue of over $9 billion1, industry leading margins, and free cash flow of over $3 billion1 on a pro forma basis. "Today is a tremendous milestone for ADI and I'm delighted to welcome the Maxim team, who share our passion for solving our customers' most complex technology problems," said Vincent Roche, President and CEO. "With more than 10,000 engineers and the increased breadth and depth of our best-in-class

SAN JOSE, Calif., July 27, 2021 /PRNewswire/ -- Maxim Integrated Products, Inc. (NASDAQ:MXIM) reported net revenue of $720 million for its fourth quarter of fiscal 2021 ended June 26, 2021, an 8% increase from the $665 million revenue recorded in the prior quarter, and a 32% increase from the same quarter of last year. "Maxim delivered record revenue in the June quarter, with sequential growth in all end markets, led by Industrial, Automotive, and Comms & Data Center. On the merger front, we are seeking final regulatory clearance for our combination with Analog Devices," said

SAN JOSE, Calif., April 27, 2021 /PRNewswire/ -- Maxim Integrated Products, Inc. (NASDAQ:MXIM) reported net revenue of $665 million for its third quarter of fiscal 2021 ended March 27, 2021, a 6% increase from the $628 million revenue recorded in the prior quarter, and a 18% increase from the same quarter of last year. "Maxim delivered record revenue in the March quarter, with sequential growth in all end markets. On a year-over-year basis, Automotive and Industrial revenue grew the strongest and comprised 64 percent of the total, up from 58 percent in the same quarter last y

SAN JOSE, Calif., Jan. 26, 2021 /PRNewswire/ -- Maxim Integrated Products, Inc. (NASDAQ:MXIM) reported net revenue of $628 million for its second quarter of fiscal 2021 ended December 26, 2020, a 1% increase from the $619 million revenue recorded in the prior quarter, and a 14% increase from the same quarter of last year. "Our strong performance in the December quarter relative to the same quarter last year benefitted from robust demand from automotive, industrial and consumer customers. Automotive and Industrial reached a record revenue level and comprised 63 percent of Maxim's total revenue. In addition, progress toward closure of our merger with Analog Devices is on track," said Tunc

JERSEY CITY, N.J., Jan. 31, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Medical Electronics Market" By Medical Device (MRI System, X-ray System, PET Scan System), By Application (Therapy Devices, Ventilator, Dialysis Machine, ECMO, Monitoring Devices), and By Geography. According to Verified Market Research, the Global Medical Electronics Market size was valued at USD 5.95 Billion in 2020 and is projected to reach USD 8.45 Billion by 2028, growing at a CAGR of 6.55% from 2021 to 2028. Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=156797 Browse in-depth TOC on "Medical Electronics Market" 202 - Pages126 – Tables37 – Figures

WILMINGTON, Mass., Sept. 15, 2021 /PRNewswire/ -- Today Analog Devices, Inc. unveiled the ultra-low power MAXQ1065 cryptographic controller featuring its proprietary ChipDNA™ physically unclonable functionality (PUF) technology, which offers the strongest protection for edge-to-cloud Internet of Things (IoT) nodes, including medical and wearable devices, against invasive security attacks. The security co-processor provides 30x lower power when compared to similar products and its extended lifetime and operating range make it well-suited for long-term deployments in harsh environments. 

Analog Devices, Inc. (NASDAQ:ADI) today announced the completion of its previously announced acquisition of Maxim Integrated Products, Inc. (NASDAQ:MXIM). The combination further strengthens ADI's position as a high-performance analog semiconductor company with trailing twelve-month revenue of over $9 billion1, industry leading margins, and free cash flow of over $3 billion1 on a pro forma basis. "Today is a tremendous milestone for ADI and I'm delighted to welcome the Maxim team, who share our passion for solving our customers' most complex technology problems," said Vincent Roche, President and CEO. "With more than 10,000 engineers and the increased breadth and depth of our best-in-class

NEW YORK, Aug. 24, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 effective prior to the opening of trading on Monday, August 30: S&P MidCap 400 constituent Bio-Techne Corp. (NASD:TECH) will replace Maxim Integrated Products Inc. (NASD:MXIM) in the S&P 500, S&P SmallCap 600 constituent Saia Inc. (NASD:SAIA) will replace Bio-Techne in the S&P MidCap 400, and BioLife Solutions Inc. (NASD:BLFS) will replace Saia in the S&P SmallCap 600. S&P 500 constituent Analog Devices Inc. (NASD:ADI) is acquiring Maxim Integrated Products in a deal pending final conditions. Mimecast Limited (NASD:MIME) will replace Cinemark Hold

NEW YORK, Aug. 23, 2021 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced that CrowdStrike Holdings, Inc. (NASDAQ:CRWD), will become a component of the NASDAQ-100 Index® (NASDAQ:NDX), the NASDAQ-100 Equal Weighted Index (NASDAQ:NDXE) and the NASDAQ-100 Technology Index (NASDAQ:NDXT) prior to market open on Thursday, August 26, 2021. CrowdStrike Holdings, Inc. will replace Maxim Integrated Products, Inc. (NASDAQ:MXIM) in the NASDAQ-100 Index®, the NASDAQ-100 Equal Weighted Index and the NASDAQ-100 Technology Index. For more information about the company, go to https://www.crowdstrike.com/. About Nasdaq Nasdaq (NASDAQ:NDAQ) is a global technology company serving the capital markets

Analog Devices, Inc. (NASDAQ:ADI) and Maxim Integrated Products, Inc. (NASDAQ:MXIM) today announced that China's State Administration for Market Regulation has given antitrust clearance for Analog Devices' previously announced acquisition of Maxim. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210823005195/en/ The transaction has now received all required regulatory clearances. Analog Devices and Maxim anticipate that the transaction will close on or about August 26, 2021, subject to the satisfaction of the remaining customary closing conditions. About Analog Devices Analog Devices (NASDAQ:ADI) is a leading global semiconducto

SAN JOSE, Calif., Aug. 18, 2021 /PRNewswire/ -- Designers of high-performance, high-power artificial intelligence (AI) systems can now achieve highest efficiency (to reduce power cost and heat) and smallest total solution size with the MAX16602 AI cores dual-output voltage regulator and the MAX20790 smart power-stage IC from Maxim Integrated Products, Inc. (NASDAQ:MXIM). Leveraging the current ripple cancellation benefit from Maxim Integrated's patented coupled inductor, this AI multi-phase chipset provides a one percent efficiency improvement compared to competitive solutions, enabling greater than 95 percent efficiency at 1.8V output voltage and 200A load conditions. Furthermore, this incr

HAMBURG, Germany, Aug. 16, 2021 /PRNewswire/ -- TRINAMIC Motion Control GmbH & Co. KG, now part of Maxim Integrated Products, Inc. (NASDAQ:MXIM), introduces the fully integrated TMC6140-LA 3-phase MOSFET gate driver that simplifies design and maximizes battery life of brushless direct current (DC) motor drives. The TMC6140-LA 3-phase MOSFET gate driver integrates all three bottom shunt amplifiers to provide a complete motor drive solution with 30-percent improved power efficiency, while simplifying design by reducing component count by half when compared to similar solutions.

SAN JOSE, Calif., July 27, 2021 /PRNewswire/ -- Maxim Integrated Products, Inc. (NASDAQ:MXIM) reported net revenue of $720 million for its fourth quarter of fiscal 2021 ended June 26, 2021, an 8% increase from the $665 million revenue recorded in the prior quarter, and a 32% increase from the same quarter of last year. "Maxim delivered record revenue in the June quarter, with sequential growth in all end markets, led by Industrial, Automotive, and Comms & Data Center. On the merger front, we are seeking final regulatory clearance for our combination with Analog Devices," said

SAN JOSE, Calif., July 27, 2021 /PRNewswire/ -- Maxim Integrated Products, Inc. (NASDAQ:MXIM) and Xailient Inc., a company focused on artificial intelligence (AI) for the edge, today announced that Maxim Integrated's MAX78000 ultra-low power neural-network microcontroller detects and localizes faces in video and images using Xailient's proprietary Detectum™ neural network. Xailient's neural network draws 250x lower power (at just 280 microJoules) than conventional embedded solutions, and at 12 milliseconds (ms) per inference, the network performs in real time and is faster than the most efficient face-detection solution available for the edge.

Deutsche Bank reiterated coverage of Maxim Integrated Products with a rating of Buy and set a new price target of $107.00 from $104.00 previously

Barclays reiterated coverage of Maxim Integrated Products with a rating of Equal-Weight and set a new price target of $100.00 from $95.00 previously

Deutsche Bank reiterated coverage of Maxim Integrated Products with a rating of Buy and set a new price target of $104.00 from $100.00 previously

Jefferies reiterated coverage of Maxim Integrated Products with a rating of Buy and set a new price target of $114.00 from $111.00 previously

Barclays reiterated coverage of Maxim Integrated Products with a rating of and set a new price target of $95.00 from $74.00 previously

Deutsche Bank reiterated coverage of Maxim Integrated Products with a rating of Buy and set a new price target of $101.00 from $95.00 previously