MXIM - Earnings announcements

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