After buying Liner Technology, Anolog Devices has been reached leading analog technology company. Linear Technology will be acquired by Analog Devices in a deal worth about $14billion.
As per the organizations, Both companies will make an industry pioneer across data converters, power management amplifiers, interface, and RF and microwave products, with an addressable business market of $14bn.The two also claim their combination of engineering excellence and domain expertise will accelerate innovation and opportunities in the industrial, automotive and communications infrastructure markets.
Bob Swanson, co-founder of Linear ,said: “This mix of Linear Technology and Analog Devices can possibly make a combination where one in addition to one really surpasses two. By consolidating our complementary areas of technology strength, we have an excellent chance to strengthen our leadership across the analogue and power semiconductor markets.”
The Linear Technology brand will keep on serving as the brand for Analog Devices’ power management offerings.
Sources : : http://www.analog.com