Friday, 6 May 2022, 8:05 am
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:..
Read more...Betaville Intelligence
Thursday, 5 May 2022, 7:58 am
I see arch rivals at Bloomberg have published another follow up to little old Betaville's UNCOOKED ALERT about Silicon Motion Technology Corporation.
Now hacks at Bloomie are suggesting MaxLinear Inc, a US-listed hardware business, is in talks to buy Silicon Motion Technology Corporation.
Below are the links to the Bloomie "scoop" in case you missed it and Betaville's UNCOOKED ALERT:..