'MaxLinear acquisition of Silicon Motion nears completion' -DigiTimes Alert
Portfolio Pulse from Benzinga Newsdesk
MaxLinear's acquisition of Silicon Motion is nearing completion, with approval from Chinese authorities expected soon, according to market sources.
June 27, 2023 | 12:49 pm
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POSITIVE IMPACT
MaxLinear is close to completing its acquisition of Silicon Motion, pending approval from Chinese authorities.
The acquisition of Silicon Motion by MaxLinear is expected to have a positive short-term impact on MaxLinear's stock price, as it expands the company's product portfolio and market reach.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Silicon Motion's acquisition by MaxLinear is nearing completion, pending approval from Chinese authorities.
The acquisition of Silicon Motion by MaxLinear is expected to have a positive short-term impact on Silicon Motion's stock price, as it provides the company with additional resources and support from a larger organization.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100