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Comms chips

TI Reported Talking to Maxim

Texas Instruments is said to be talking with Maxim about a possible buyout.

Maxim Integrated Products Inc. (Nasdaq: MXIM) has been fielding questions for months about its interest in being acquired. The company has repeatedly stated that it feels confident it can prosper alone.

That hasn't stopped anyone from sniffing around. Maxim reportedly received an overture from Analog Devices Inc. (NYSE: ADI) (ADI) a few weeks ago. The advantage of such a merger would be scale.

Bloomberg reported that Texas Instruments Inc. (NYSE: TXN) is interested in Maxim. Purchasing Maxim would expand the company's customer base.

TI is far larger than ADI, and has a clear advantage should a bidding war break about between the two over Maxim. TI also has leading-edge fab capacity available, while Maxim is talking about shuttering production facilities.

TI is one of the few large IC companies yet to participate in this year's consolidation free-for-all.

— Brian Santo, Senior Editor, Components, T&M, Light Reading

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