Hammeh writes: Semiconductor maker Analog Devices said on Monday it would buy rival Maxim Integrated Products for about $21 billion in the largest U.S. deal this year, aiming to boost its market share in automotive and 5G chipmaking. The deal, which is also Analog’s biggest, will create a chipmaking force with a combined enterprise value of about $68 billion that will compete with larger rivals including Texas Instruments). Analog Devices Chief Executive Vincent Roche told Reuters in an interview that the combined engineering teams would help the resulting company design more specialized, higher-margin chips for customers such as automakers. “If you’re doing commodities, you’re at the mercy of the of the heavy hammer of the procurement folks,” Roche said. “But our game is about getting there first, getting out on the edge and making a real impact at the application level for our customers.” The companies said the deal added Maxim’s strength in automotive and data center markets to ADI’s broad industrial, communications and digital healthcare segments.

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Source: Slashdot – Chipmaker Analog Devices To Buy Rival Maxim For About Billion