WilmerHale Reps Analog Devices in $14.8B Acquisition of Linear Technology

WilmerHale Reps Analog Devices in $14.8B Acquisition of Linear Technology

News

Analog Devices Inc. announced that it would buy fellow chipmaker Linear Technology Corp. for about $14.8 billion, the latest deal in a wave of consolidation that has swept the semiconductor industry in the past two years.

By buying Linear Technology, Analog Devices is aiming to boost its profitability and increase its share in the fragmented market for analog chips, which process signals such as sound, light and temperature and convert them into digital signals. The chips are central to smart phones and devices connected to the Internet.

The WilmerHale team who assisted on the deal was led by Partner Mark Borden and included Partners John Sigel, Justin Ochs and Joseph Conahan.

Read Analog Devices' press release for more information.