Chip event sharing:ADI historical M&A cases

Founded in 1965, Analog Devices, inc is a global leader in data conversion and signal processing technologies, and its products are widely used in communications infrastructure, industrial automation, industrial instrumentation, automotive electronics, and healthcare. The semiconductor industry is extremely competitive and the market concentration is high. The global analog semiconductor market is dominated by a handful of large players, and Adno Semiconductor faces strong pressure from competitors such as Texas Instruments. In order to stand out in the market and expand its market share, mergers and acquisitions and investment have become important means to enhance its competitiveness. In recent years, Adno Semiconductor has further consolidated its leadership position in analog semiconductors through a series of acquisitions and investment activities.
ADI (NYSE: ADI) has a proven track record since its founding in 1965 as a preeminent supplier of semiconductor sensors and signal processing ics. ADI has made innovation, performance and excellence the pillars of its culture and has grown to be one of the most consistently high-growth companies in this technology.
November 11, 2024, Analog Devices, Inc. Completed the acquisition of Flex Logix, an embedded FPGA and AI IP company. Flex Logix is a company focused on reconfigurable computing technology, founded in 2014, the company has a deep technical accumulation and rich product line in eFPGA, DSP/SDR and AI inference solutions, and its eFPGA technology can seamlessly integrate FPGA architectures into SOCs and AS ics. It can reduce the cost and power consumption of FPGas by 5 to 10 times and increase the compute density, which is critical for communications, networking, data centers, microcontrollers and other applications.
The integration of Flex Logix's advanced technology will help Adno Semiconductor achieve breakthroughs in key technology areas such as reconfigurable computing and AI inference, enhance its competitiveness in emerging markets such as intelligent edge computing, and provide customers with more differentiated and innovative solutions. With Flex Logix's customer resources and market access, Adno Semiconductor can further expand its share in the global semiconductor market, especially in areas where there is a high demand for high-performance, low-power digital chips, such as 5G communications, data centers, industrial automation, etc., and consolidate its market leadership.
In 2021, Analog Devices acquired Comcores' wireless infrastructure assets. Comcores is a leading provider of digital IP cores and subsystems for AS ics and FPgas, with a focus on communications technology and interface solutions.
The acquisition enables Analog Devices to further expand its technology and solutions in wireless communications and enhance its capabilities in open, discrete wireless access network architectures to better meet the market demand for more cost-effective and agile networks. It lays a more solid foundation for the development of wireless communication technologies such as 5G and even 6G in the future. With this acquisition, Comcores' core team in Denmark and its office in Krakow, Poland, will become part of Adno's operations, which will help Adno integrate their technology and talent resources, accelerate the development and commercialization of related technologies, and further enhance its competitiveness in the global semiconductor market.
On July 13, 2020, Analog Devices announced the acquisition of Maxim Integrated in an all-stock transaction for $20.91 billion, under which Maxim Integrated common stock will be exchanged for 0.63 Analog Devices shares per share. Analog Devices shareholders will own approximately 69 percent of the combined company, while MEC shareholders will own approximately 31 percent. August 26, 2021: Adno Semiconductor officially completes the acquisition of Meishin Integration.
Analog chip market competition is fierce, TI occupies a leading position in this field, Analog Devices in order to further enhance market share and competitiveness, expand business scope and enhance technical strength, decided to acquire Meisen Integration. With the development of emerging technologies such as autonomous driving and 5G networks, the market demand for Analog chips is increasing, and this acquisition helps Analog Devices expand its business in these areas to better meet the market demand. Maxim integration has advantages in the automotive and data center markets, and after the acquisition, Analog Devices will be able to expand its business scope, especially in emerging areas such as autonomous driving and 5G networks, and its layout will be more complete to meet the diverse needs of different customers. After the merger, Analog Devices' global market share increased to approximately 13%, becoming the world's second largest analog chip designer, further changing the competitive landscape of the global analog chip market, increasing industry concentration and creating greater competitive pressure on other competitors.