MaxLinear Inc (MXL) Reports Q3 2023 Financial Results
Company experiences a decrease in net revenue and GAAP gross margin
Source: yahoo.com
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MONDAY MEETING: Get to know Summer Anderson
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Source: thecourierexpress.com
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 (慧榮科技) 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 Motion’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 Silicon Motion’s closing price on April 22, the last trading day before the company was first reported...
Source: taipeitimes.com
MaxLinear Is in Talks to Buy Chipmaker Silicon Motion
The cash-and-stock deal is valuing the Taiwanese semiconductor firm at $3.8 billion.
Source: datacenterknowledge.com