MaxLinear Acquires SSD Developer Silicon Motion for $3.8 Billion

MaxLinear Acquires SSD Developer Silicon Motion for $3.8 Billion

MaxLinear, a designer of connectivity and infrastructure solutions for broadband, connectivity, and infrastructure applications, on Thursday said that it had reached a definitive agreement to acquire Silicon Motion (SMI), a developer of SSD controllers and turn-key solid-state drives. The transaction greatly enhances MaxLinear’s product portfolio with a line-up of competitive SSD controllers and a successful team of…

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Is AMD Stock a Buy Now?

Is AMD Stock a Buy Now?

Advanced Micro Devices (AMD 9.10%) reported strong quarterly results on Tuesday, May 3, which sent the stock rocketing after hours. This quarter was also the first to include results from AMD’s acquisition of Xilinx, which closed on Feb. 14. With the price spike, investors might be wondering if purchasing the stock now is a prudent…

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