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MaxLinear US$3.8bn bid for Silicon Motion accepted

MaxLinear Inc, a maker of chips for broadband communications, has agreed to acquire Silicon Motion Technology Corp (ๆ…งๆฆฎ็ง‘ๆŠ€) in a cash-and-stock deal valuing the Taiwanese semiconductor firm at US$3.8 billion. California-based MaxLinear is offering the equivalent of US$114.34 for each of Silicon Motionโ€™s US depositary receipts, the companies said in a statement on Thursday. The proposal includes US$93.54 in cash and 0.388 MaxLinear shares. The bid represents a 48 percent premium to Sili...
Pingdong Xian New York United States T Ai Pei Liao Hsueh Ju Wallace Kou

Phison expecting business boost on rival takeover

Phison Electronics Corp (็พค่ฏ้›ปๅญ), a supplier of NAND flash memory controllers and modules, is expecting an increase in orders and market share as customers seek to secure stable supplies after major rival Silicon Motion Technology Corp (ๆ…งๆฆฎ็ง‘ๆŠ€) accepted a takeover bid, Phison CEO Pua Khein-seng (ๆฝ˜ๅฅๆˆ) said yesterday. Pua made the comments after Silicon Motion, a NAND flash controller supplier, agreed to a takeover bid of US$3.8 billion from MaxLinear Inc. Companies that experien...
Phison Electronics Corp Silicon Motion Technology Corp Maxlinear Inc Lisa Wang Electronics Corp Silicon Motion

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$1.02 Earnings Per Share Expected for MaxLinear, Inc. (NYSE:MXL) This Quarter

Analysts expect MaxLinear, Inc. (NYSE:MXL – Get Rating) to report earnings per share of $1.02 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for MaxLinear’s earnings, with estimates ranging from $1.01 to $1.02. MaxLinear reported earnings per share of $0.53 during the same quarter last year, which would […]
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MaxLinear, Inc. (NYSE:MXL) Given Average Recommendation of "Buy" by Brokerages

Shares of MaxLinear, Inc. (NYSE:MXL – Get Rating) have received an average rating of “Buy” from the twelve research firms that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation […]
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