UNCOOKED ALERT: Silicon Motion Technology Corporation said to ... - Part 4
And there you have it: US-listed MaxLinear Inc has agreed a deal to buy rival chip maker Silicon Motion Technology Corporation for $4 billion in cash and stock.
MaxLinear will pay $93.54 in cash and about 0.4 of its share for each Silicon Motion's American depositary shares (ADS).
In case you don't recall, little old Betaville was the first to highlight Silicon Motion Technology Corporation was in play for a takeover in late April. Below is the link:
Date: Friday, 6 May 2022, 8:05 am