According to reports, Renesas Electronics is negotiating with Maxim Integrated about an acquisition, and the transaction may reach a maximum size of 20 billion U.S. dollars.
According to reports, currently, the market value of Renesas is approximately US$20 billion and Maxim’s valuation is around US$16 billion. As automakers increase demand for semiconductors and increase manufacturing costs of chips, the transaction will continue to be a wave of mergers and acquisitions in the semiconductor industry over the years.
Renesas Electronics repulsed Maxim Integrated in 2016 and acquired Intersil for $3.2 billion, which is a semiconductor company specializing in the production of chips for mobile devices and infrastructure. But today, Renesas Electronics will merge Maxim Integrated.
According to sources, Maxim Integrated has tried to sell itself. In 2015, Maxim had negotiated acquisitions with Analog and Texas Instruments, but ultimately failed due to the purchase price.
According to another report, Renesas Electronics said in a document submitted to the Tokyo Stock Exchange: “Today, the media reported the news of the merger of the company and Maxim, but the announcement is not from us. It is not entirely true.”
