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Chipmaker Maxlinear drops $4 bn deal to buy Silicon Motion

U.S. chipmaker Maxlinear said it has scrapped a near $4 billion deal to acquire Taiwan-based Silicon Motion.

Western digitalMicron technologyTaiwan based siliconSilicon motion

Maxlinear scraps nearly $4 billion deal for Taiwan s Silicon Motion

Maxlinear scraps nearly $4 billion deal for Taiwan s Silicon Motion
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United statesAkash sriramChavi mehtaWestern digitalMicron technologyTaiwan based siliconSilicon motion

Maxlinear scraps nearly US$4 billion deal for Taiwan s Silicon Motion

U.S. chipmaker Maxlinear said on Wednesday it has scrapped a near US$4 billion deal to acquire Taiwan-based Silicon Motion.Its shares fell about 12per cent in late afternoon trading, while the U.S.-listed shares of the Taiwanese company surged 25per cent.MaxLinear had agreed to buy the memory contr

United statesChavi mehtaAkash sriramWestern digitalMicron technologyTaiwan based siliconSilicon motion

Maxlinear scraps nearly $4 bln deal for Taiwan s Silicon Motion

U.S. chipmaker Maxlinear said on Wednesday it has scrapped a near $4 billion deal to acquire Taiwan-based Silicon Motion. Its shares fell about 12% in late afternoon trading, while the.

United statesChavi mehtaAkash sriramWestern digitalMicron technologyTaiwan based siliconSilicon motion

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