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ADI - Analog Devices Inc News Story

$148.88 4.4  3.0%

Last Trade - 05/03/21

Large Cap
Market Cap £39.68bn
Enterprise Value £42.64bn
Revenue £4.23bn
Position in Universe 213th / 6651

FACTBOX-Biggest global deals in the fast-growing chip industry

Tue 27th October, 2020 10:35am
Oct 27 (Reuters) - Advanced Micro Devices Inc  AMD.O  on
Tuesday said it would buy rival chipmaker Xilinx  XLNX.O  in a
$35 billion all-stock deal, seeking a larger share of the
lucrative data center chip market.*:nL1N2H727X
    The deal marks another milestone in the consolidation of the
global semiconductor industry, as chipmakers stock up on
ammunition to supply to an ever-growing Internet of Things,
which connects everything from smart speakers to cars with
    The sector has seen at least 120 acquisitions with a minimum
deal value of $1 billion in the last two decades, according to
Refinitiv data. 
    Below are a few high-value semiconductor deals that took
place in the last five years.
    ** Nvidia Corp  NVDA.O  agreed to buy UK-based chip designer
Arm from Japan's Softbank Group Corp  9984.T  for about $40
billion in September 2020. The deal is waiting for regulatory
    ** Chip developer Avago Technologies Ltd  AVGO.O  bought 
semiconductor giant Broadcom Corp  BRCM.O  for $37 billion, a
deal that was completed in February 2016.
    ** Softbank Group  9984.T  acquired UK-based chip designer
Arm in 2016 for $30.75 billion.
    ** Analog devices Inc  ADI.O  said in July it will buy Maxim
Integrated Products Inc  MXIM.O  for $20.67 billion, a deal that
is expected to close in the summer of 2021. 
    ** Toshiba Memory Corp sold its chip unit to investment
consortium K.K Pangea for $17.93 billion in September 2017.
    ** NXP Semiconductors  NXPI.O  bought Freescale
Semiconductors for about $16.1 billion in 2015.
    ** Intel Corp  INTC.O  bought rival Altera Corp for $15.33
billion in 2015.
    ** Germany's Infineon Technologies  IFXGn.DE  completed its
$10 billion acquisition of Cypress Semiconductor Corp in April.

 (Reporting by Eva Mathews and Munsif Vengattil in Bengaluru,
Writing by Subrat Patnaik; Editing by Bernard Orr)
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