Analog Devices, Maxim Said to Be in Merger Talks for Scale

  • Maxim was working on a strategic review when Analog approached
  • Talks are ongoing and may not result in a transaction
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Analog Devices Inc. and Maxim Integrated Products Inc. are in talks about a possible combination that would give them more scale in a consolidating industry, people with knowledge of the matter said.

Maxim was working with a bank on a strategic review when it was approached by Analog Devices, according to one of the people, who asked not to be identified because the information is private. The talks are ongoing and may not result in a deal, the people said.