Analog Devices agreed to acquire Linear Technology for $14.8 billion in cash and stock.
The combined company would be the the premier global high-performance analog industry leader. The combined entity would have a market cap of $30 billion.
Linear Technology, which is based in Milpitas, California, produces power management, data conversion, signal conditioning, RF and interface ICs, µModule subsystems, and wireless sensor network products. Target markets include communications, networking, industrial, automotive, computer, medical, instrumentation, consumer, and military and aerospace systems.
Analog Devices, which is based in Norwood, MA, produces data converters, amplifiers and linear products, radio frequency (RF) ICs, power management products, sensors based on microelectromechanical systems (MEMS) technology and other sensors, and processing products, including DSP and other processors.
http://www.analog.com/