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ANALOG DEVICES AHEAD OF WHAT'S POSSIBLE ™ Analog Devices Completes Acquisition of Maxim Integrated August 26 , 2021 WILMINGTON , Mass .-- ( BUSINESS WIRE ) -- Aug . 26 , 2021-- Analog Devices , Inc. ( NASDAQ : ADI ) today announced the completion of its previously announced acquisition of Maxim Integrated Products , Inc. ( NASDAQ : MXIM ) . The combination further strengthens ADI's position as a high - performance analog semiconductor company with trailing twelve - month revenue of over $ 9 billion¹ , industry leading margins , and free cash flow of over $ 3 billion¹ on a pro forma basis . " Today is a tremendous milestone for ADI and I'm delighted to welcome the Maxim team , who share our passion for solving our customers ' most complex technology problems , " said Vincent Roche , President and CEO . " With more than 10,000 engineers and the increased breadth and depth of our best - in - class technologies , we are well - positioned to develop even more complete , cutting - edge solutions for our customers . Together , we will drive the next waves of analog semiconductor innovation , while engineering a healthier , safer and more sustainable future for all . " Under the terms of the definitive agreement , Maxim stockholders received 0.63 of a share of ADI common stock for each share of Maxim common stock . Maxim common stock will no longer be listed for trading on the NASDAQ stock market . Combined Board of Directors In connection with the closing of the transaction , Tunç Doluca , former President and Chief Executive Officer of Maxim , and Mercedes J ohnson , former Founding Executive of Avago Technologies , will join the ADI Board of Directors . Mr. Doluca and Ms. Johnson served on Maxim's Board of Directors until the closing of the transaction . Special Investor Conference Call and Webcast ADI plans to host a webcast to discuss its upcoming capital allocation priorities and the updated fourth quarter fiscal 2021 outlook . The webcast is scheduled to begin at approximately 8:30 a.m. Eastern Time on September 8th , 2021 with Vincent Roche , President and Chief Executive Officer , Prashanth Mahendra - Rajah , Senior Vice President , Finance and Chief Financial Officer , and Michael Lucarelli , Senior Director of Investor Relations . The webcast and accompanying presentation may be accessed live on the internet on Analog Devices ' Investor Relations website at investor.analog.com , or by telephone as follows : Participant Dial - In ( domestic & international ) : ( 833 ) 423-0297 International Participant Passcode : 8334230297 * no passcode required for domestic dial - in A replay of the conference call will be available approximately two hours after the call concludes and may be accessed for up to two weeks , by dialing 855-859-2056 and entering the conference ID : 7115409 . Both the press release and archived version of the webcast will be available at investor.analog.com . About Analog Devices Analog Devices , Inc. ( NASDAQ : ADI ) operates at the center of the modern digital economy , converting real - world phenomena into actionable insight with its comprehensive suite of analog and mixed signal , power management , radio frequency ( RF ) , and digital and sensor technologies . ADI serves 125,000 customers worldwide with more than 75,000 products in the industrial , communications , automotive , and consumer markets . ADI is headquartered in Wilmington , MA . Visit http://www.analog.com . Forward - Looking Statements This communication contains “ forward - looking statements " within the meaning of the federal securities laws . Forward - looking statements address a variety of subjects , including , for example , statements as to the anticipated benefits of the transaction , the anticipated impact of the transaction on the combined organization's business and future financial and operating results , and the expected amount and timing of synergies from the transaction . Statements that are not historical facts , including statements about ADI's beliefs , plans and expectations , are forward - looking statements . Such statements are based on ADI's current expectations and are subject to a number of factors and uncertainties , which could cause actual results to differ materially from those described in the forward - looking statements . Forward - looking statements often contain words such as " expect , " " anticipate , " " intend , " " plan , " " believe , " " will , " " estimate , " " would , " " target " and similar expressions , as well as variations or negatives of these words . The following important factors and uncertainties , among others , could cause actual results to differ materially from those described in these forward - looking statements : the uncertainty as to the extent of the duration , scope and impacts of the COVID - 19 pandemic ; political and economic uncertainty , including any faltering in global economic conditions or the stability of credit and financial markets ; erosion of consumer confidence and declines in customer spending ; unavailability of raw materials , services , supplies or manufacturing capacity ; changes in geographic scope or product or customer mix ; changes in export classifications , import and export regulations or duties and tariffs ; changes in ADI's estimate of its expected tax rate based on