Betaville Intelligence

UNCOOKED ALERT: Silicon Motion Technology Corporation said to ... - Part 4

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:

https://www.betaville.co.uk/betaville-intelligence/uncooked-alert-silicon-motion-technology-corporati/..

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Login to join the conversation