The design of analog semiconductors has been called an art in which chip designers translate the fuzzy signals from the real world — not the binary world of zeros and ones — into digital form.
Shares of ADI fell 5.8% in Monday trading, however, as some analysts believed the company was paying a very high premium and diluting its stock, while Maxim shares jumped 8.1%. The deal may not be as accretive to ADI as quickly as its previous purchase of Linear Technology, another analog player, in 2017. ADI executives told analysts on a conference call Monday that it is on a path to double Linear’s historical revenue growth.
“Looking broadly at the market, we continue to see a decline in the number of hardware engineers, while the number of software engineers grows at double-digit rates,” Roche told analysts. “As a result, our customers are increasingly relying on us for our hardware expertise.” He said that with Maxim, the combined team of over 10,000 engineers expands its breadth of technology and talent.
“It bolsters our automotive business,” Roche said. “And an area that we’ve had an interest in, but we’ve come late to, is data-center power. So we get that in a very significant way with the combination.”
tpoletti DGee this is so weird, I was just thinking about uncle!
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »