comment on this article

Analog sells mobile product lines

Fabless semiconductor company MediaTek has signed a definitive agreement to acquire Analog Devices’ Othello radio and SoftFone baseband chipset product lines, as well as certain mobile handset baseband support operations. The deal is valued at approximately $350million in cash.


Analog Devices’ president and ceo Jerry Fishman said: “This transaction will allow ADI to focus our resources in areas where our signal processing expertise can provide unique capabilities and earn superior returns. In addition, it unlocks the value of the Othello and SoftFone operations by creating the scale needed to support the R&D investment required for sustainable, long term success.”

Author
Graham Pitcher

Comment on this article


This material is protected by MA Business copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team.

What you think about this article:


Add your comments

Name
 
Email
 
Comments
 

Your comments/feedback may be edited prior to publishing. Not all entries will be published.
Please view our Terms and Conditions before leaving a comment.

Related Articles