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{{Short description|American technology company}}
{{Infobox company
{{Infobox company
| name = Maxim Integrated, Inc.
| name = Maxim Integrated Products, Inc.
| logo = Maxim Integrated logo.svg
| logo = Maxim Integrated logo.svg
| trade_name = Maxim Integrated
| type = [[Public company|Public]]
| type = [[Subsidiary]]
| traded_as = {{ubl|class=nowrap|{{NASDAQ|MXIM}}|[[NASDAQ-100]] component|[[S&P 500]] component}}
| traded_as = {{ubl|{{NASDAQ was|MXIM}}}}
| industry = [[Semiconductors]]
| industry = [[Semiconductors]]
| products = [[Integrated Circuits]]
| revenue = US$2.31 billion <small>(fiscal 2019)<ref name=2018-EPR>{{cite web
| url = https://s21.q4cdn.com/176677460/files/doc_financials/Annual-Proxy/2019/2019-Proxy-Statement-final-(webhosting)-(002).pdf
| title = Fiscal 2019 Annual Report, Maxim Integrated Products, Inc.
| publisher = Maxim Integrated Products, Inc.
| date = 21 August 2019
| accessdate = 11 October 2019
}}</ref> </small>
| net_income = US$827 million <small>(fiscal 2019)<ref name=2015-EPR>{{cite web
| url = https://s21.q4cdn.com/176677460/files/doc_financials/Annual-Proxy/2019/2019-Proxy-Statement-final-(webhosting)-(002).pdf
| title = Fiscal 2019 Annual Report, Maxim Integrated Products, Inc.
| publisher = Maxim Integrated Products, Inc.
| date = 21 August 2019
| accessdate = 11 October 2019
}}</ref> </small>
| assets = US$3.744 billion <small>(fiscal 2019)<ref name=2015-EPR/></small>
| equity = US$1.845 billion <small>(fiscal 2019)<ref name=2018-EPR/></small>
| num_employees = 7,131<small> (June 2019)
| foundation = {{start date and age|1983}}
| foundation = {{start date and age|1983}}
| defunct = {{end date and age|2021|08}}
| location = [[San Jose, California]], U.S.
| location = [[San Jose, California]], U.S.
| products = [[Integrated Circuits]]
| website = {{url|maximintegrated.com}}
| revenue = {{increase}} US$2.632 billion (2021)
| operating_income = {{increase}} US$945 million (2021)
| net_income = {{increase}} US$827 million (2021)
| assets = {{increase}} US$4.523 billion (2021)
| equity = {{increase}} US$2.415 billion (2021)
| num_employees = 7,100 (2020)
| fate = Acquired by [[Analog Devices]]
| website = {{URL|maximintegrated.com}}
| footnotes = <ref name=10K>{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/743316/000074331621000025/mxim-20210626.htm |title=US SEC: 2020 Form 10-K Maxim Integrated Products, Inc. |publisher=[[U.S. Securities and Exchange Commission]]}}</ref>
}}
}}
[[File:Maxim-logo-240-wt.png|thumb|250px|Logo prior to September 2012]]


'''Maxim Integrated''' is an American, publicly traded company that designs, manufactures, and sells [[analog integrated circuit|analog]] and [[mixed-signal integrated circuit]]s.<ref name="about">{{cite web |title=Maxim at a Glance |work= Maxim Integrated web site |url=http://www.maximintegrated.com/en/aboutus/maxim-profile.html |accessdate= April 27, 2011}}</ref>
'''Maxim Integrated Products, Inc.''', was an American semiconductor company that designed, manufactured, and sold [[analog integrated circuit|analog]] and [[mixed-signal integrated circuit]]s for the automotive, industrial, communications, consumer, and computing markets. Maxim's product portfolio included power and battery management ICs, sensors, analog ICs, interface ICs, communications solutions, digital ICs, embedded security, and microcontrollers. The company is headquartered in [[San Jose, California]], and has design centers, manufacturing facilities, and sales offices worldwide.<ref name=10K/> In 2021, the company was acquired by [[Analog Devices]].

Maxim Integrated develops [[integrated circuit]]s (ICs) for the automotive, industrial, communications, consumer, and computing markets. The company is headquartered in [[San Jose, California]], and has design centers, manufacturing facilities, and sales offices throughout the world. In the fiscal year 2019, it had US$2.31 [[1,000,000,000|billion]] in sales, 7131 employees, and 35,000 customers worldwide.<ref name="2014-EPR">{{cite web |url=http://www.maximintegrated.com/en/company/newsroom/pr_financials/show.mvp/npk/76|title=2014 Earnings Press Release, Maxim Integrated Products, Inc|publisher=Maxim Integrated Products, Inc. |date= 24 July 2014 |accessdate= 5 August 2013 }}</ref> Maxim is a Fortune 10000 company and its stock is a component of the [[NASDAQ-100]] stock market index. In December 2018, Maxim was re-added to the S&P 500.


==History==
==History==
Maxim was founded in April 1983.<ref>Steve Szirom, InsideChips. [http://www.insidechips.com/public/7105print.cfm Maxim Integrated Products (MXIM)] {{webarchive|url=https://web.archive.org/web/20130116171628/http://www.insidechips.com/public/7105print.cfm |date=2013-01-16 }}. Retrieved March 20, 2012.</ref> Its nine initial team members had a variety of experience in semiconductors design and sales. The founding team included [[Jack Gifford]], an industry pioneer since the 1960s; Fred Beck, an IC sales and distribution pioneer; Dave Bingham, General Electric’s Scientist of the Year in 1982; Steve Combs, a pioneer in wafer technologies and manufacturing; Lee Evans, also a pioneer in CMOS analog microchip design and General Electric’s Scientist of the Year in 1982; Dave Fullagar, inventor of the first internally compensated [[operational amplifier]] circuit; Roger Fuller, yet another pioneer in CMOS microchip design; Rich Hood, development director for some of the first microprocessor-controlled semiconductor test systems; and Dick Wilenken, who is acknowledged as the father of key analog switch and multiplexer technologies.<ref name="San Jose Magazine">{{cite news |title=Engineering Success: Maxim Integrated Products Celebrates 25 Years of Growth and Innovation |publisher=San Jose Magazine |url=http://www.sanjosemagazine.com/main/?p=450 |date= July 2, 2008 |accessdate= April 27, 2011 |archiveurl = https://web.archive.org/web/20080720003507/http://www.sanjosemagazine.com/main/?p=450 <!-- Bot-retrieved archive --> |archivedate = July 20, 2008 }}</ref> Based on a two-page business plan, they obtained US$9 million in venture capital to establish the company.<ref>Danny Wool, [http://www.sanjose.com/news/2011/01/27/maxim_moving_headquarters_san_jose Maxim Moving to San Jose]. Jan 27, 2011. Retrieved March 20, 2012.</ref> In the first year, the company developed 24 [[second source|second-source]] products. After that, Maxim designed proprietary products that offered greater differentiation and higher profits.<ref name="San Jose Magazine"/>
Maxim was founded in April 1983. The founding team included [[Jack Gifford]], a semiconductor industry pioneer since the 1960s and co-founder of [[Advanced Micro Devices]]; Fred Beck, an IC sales and distribution pioneer; Dave Bingham, General Electric’s Scientist of the Year in 1982; Steve Combs, a pioneer in wafer technologies and manufacturing; Lee Evans, also a pioneer in CMOS analog microchip design and General Electric’s Scientist of the Year in 1982; Dave Fullagar, inventor of the first internally compensated [[operational amplifier]] circuit; Roger Fuller, a pioneer in CMOS microchip design; Rich Hood, development director for some of the first microprocessor-controlled semiconductor test systems; and Dick Wilenken, who is acknowledged as the father of key analog switch and multiplexer technologies.


Based on a two-page business plan, they obtained US$9 million in [[venture capital financing]] to establish the company.<ref>{{Cite news | first=Danny | last=Wool | url=https://www.sanjose.com/2011/01/27/maxim_moving_headquarters_san_jose/ | title=Maxim Moving to San Jose | date=January 27, 2011}}</ref>
[[File:Maxim-logo-240-wt.png|thumb|250px|Logo prior to September 2012]]


In its first year, the company developed 24 [[second source]] products.
In 1985, the industry was introduced to the MAX600, the first proprietary product to win an industry award and start decades of technical innovation. Maxim recorded its first profitable fiscal year in 1987, with the help of a product called [[MAX232]], and posted a profit every year since it went public in 1988. Annual revenue reached $500 million in fiscal year 1998 and in fiscal 2011 totaled over $2.47 billion.<ref name="about"/> In 2005, Maxim became a Fortune 1000 company. Three years later, the company established its Chief Technical Office, and the number of patents rose by 50% over the next two years. In 2010, the company shipped its first analog product on a 300mm wafer.


In 1985, the company introduced the MAX600.
Maxim's product portfolio now includes power and battery management ICs, sensors, analog ICs, interface ICs, communications solutions, digital ICs, embedded security, and microcontrollers.
==Acquisitions==
* 1990: Purchased first wafer fabrication (fab) facility in Sunnyvale, California.
* 1994: Acquired [[Tektronix]] Semiconductor Division in [[Beaverton, Oregon|Beaverton]], [[Oregon]], giving Maxim high-speed bipolar processes for wireless RF and fiber-optic products.
* 1997: Purchased an additional wafer fab from IC Works in [[San Jose, California|San Jose]], [[California]], to increase fab capacity.
* 2001: Acquired [[Dallas Semiconductor]] in [[Dallas]], [[Texas]], to gain expertise in digital and mixed-signal [[CMOS]] design, as well as an additional wafer fab.
* 2003: Purchased submicrometre CMOS fab from [[Philips]] in [[San Antonio]], [[Texas]], to ramp up capacity and support processes down to the 0.25-micrometre level.<ref>{{cite web|title=Maxim Acquires Submicron Wafer Fabrication Facility in San Antonio, Texas|url=http://pdfserv.maxim-ic.com/en/pr/SanAntonio.pdf|publisher=Maxim Integrated Products, Inc.|date=24 October 2003}}</ref>
* 2007: Purchased 0.18-micrometre fab from [[Atmel]] in [[Irving, Texas|Irving]], [[Texas]], approximately doubling fab capacity.<ref>{{cite web|title=Maxim Announces Acquisition of Wafer Fab Facility in Irving, Texas|url=http://pdfserv.maxim-ic.com/en/pr/irving_050207.pdf|publisher=Maxim Integrated Products, Inc.|date=2 May 2007}}</ref>
* 2007: Acquired [[Vitesse Semiconductor]]’s Storage Products Division<ref>[http://pdfserv.maxim-ic.com/en/pr/vitesse_acquisition_complete_102907.pdf Vitesse Acquisition Complete]</ref> in [[Colorado Springs, Colorado|Colorado Springs]], [[Colorado]], adding [[Serial ATA]] (SATA), [[Serial Attached SCSI]] (SAS), and enclosure-management products to Maxim’s product portfolio.
* 2008: Acquired Mobilygen in [[Santa Clara, California|Santa Clara]], [[California]], to add [[H.264]] video-compression technology to its portfolio.<ref>{{cite web|title=Maxim Integrated Products Announces Acquisition of Digital Video Leader Mobilygen|url=http://pdfserv.maxim-ic.com/en/pr/Mobilygen_101408.pdf|publisher=Maxim Integrated Products, Inc.|date=14 October 2008}}</ref>
* 2009: Acquired Innova Card, headquartered in [[La Ciotat]], [[France]], for the financial transaction terminal semiconductor market.<ref>{{cite web|title=Maxim Integrated Products Acquires Innova Card|url=http://pdfserv.maxim-ic.com/en/pr/innova_card_20090123.pdf|publisher=Maxim Integrated Products, Inc.|date=22 January 2009}}</ref>
* 2009: Acquired two product lines from [[Zilog]], Inc. Maxim purchased the Secure Transactions product line, featuring the Zatara family and the hardware portion of Zilog's Wireless Control product line, commonly found in universal remote controls.<ref>{{cite web|title=Maxim Announces Acquisition of Two Product Lines from Zilog, Inc.|url=http://pdfserv.maxim-ic.com/en/pr/zilog-20090219.pdf|publisher=Maxim Integrated Products, Inc.|date=19 February 2009}}</ref>
* 2010: Acquired privately held [[Teridian Semiconductor]] Corporation for approximately $315 million in cash. Teridian was a fabless semiconductor company located in [[Irvine, California|Irvine]], [[California]], supplying [[System-on-a-chip|systems on a chip]] (SoC) for the [[smart meter]] market.<ref>{{cite web|title=Maxim to Acquire Teridian|url=http://pdfserv.maxim-ic.com/en/pr/Maxim-Teridian-20100412.pdf|publisher=Maxim Integrated Products, Inc.|date=12 April 2010}}</ref>
* 2010: Maxim acquired the technology and employees of Trinity Convergence Limited, a software company based in [[Cambridge]], [[United Kingdom|U.K.]] Trinity was part of the ecosystem to bring [[Skype]] [[video conferencing]] to the [[LCD TV]] market.
* 2010: Maxim acquired Phyworks, a supplier of optical transceiver chips for the [[broadband]] communications market.<ref>{{cite web|title=Maxim Acquires Phyworks|url=http://pdfserv.maxim-ic.com/en/pr/Maxim-Phyworks-20100907.pdf|publisher=Maxim Integrated Products, Inc.|date=8 September 2010}}</ref>
* 2011: Maxim acquired [[SensorDynamics]], a semiconductor company that develops proprietary sensor and [[microelectromechanical systems]].<ref>{{cite web|title=Maxim Acquires SensorDynamics|url=http://www.maxim-ic.com/company/newsroom/pr_corporate/show.mvp/npk/166|publisher=Maxim Integrated Products, Inc.|date=18 July 2011}}</ref>
* 2012: Maxim acquired Genasic Design Systems Ltd., a fabless RF chip company that makes chips for LTE applications.<ref>Peter Clarke, EE Times. "[http://eetimes.com/electronics-news/4235018/Maxim-acquires-LTE-chip-firm Maxim acquires LTE chip firm]." January 22, 2012. Retrieved January 24, 2012.</ref>
* 2013: Maxim acquired [[Volterra Semiconductor]].<ref>{{cite web|title=Maxim Integrated Completes Acquisition of Volterra Semiconductor Corporation|url=http://www.maximintegrated.com/company/newsroom/pr_corporate/show.mvp/npk/227|publisher=Maxim Integrated|date=1 October 2013}}</ref>
* 2018: Maxim acquired Icron Technologies.<ref>{{cite web|title=Maxim Integrated Acquires Burnaby-based Icron Technologies|url=http://www.bctechnology.com/news/2018/2/16/Maxim-Integrated-Acquires-Burnaby-based-Icron-Technologies.cfm|website=bctechnology|accessdate=21 February 2018|date=16 February 2018}}</ref>


Maxim recorded its first profitable fiscal year in 1987, with the help of the [[MAX232]].
==Temporary delisting==
From October 2007 to October 2008, Maxim's common stock was delisted from the Nasdaq Stock Exchange due to the company's inability to file financial statements related to stock option backdating. Maxim's stock was traded [[Over-the-counter (finance)|over-the-counter]] and quoted on the [[Pink Sheets LLC|Pink Sheets]] until the company completed its restatement in 2008. Maxim's CFO Carl Jasper resigned due to an investigation into the issue by Maxim's board of directors.<ref>[http://www.cfo.com/article.cfm/8649068 "Maxim CFO Resigns amid Options Probe"], [[CFO (magazine)|''CFO'']] Accessed January 12, 2009.</ref>


In 1988, the company became a [[public company]] via an [[initial public offering]].<ref>{{Cite news | url=https://techcrunch.com/2020/07/13/analog-devices-to-acquire-rival-chipmaker-maxim-integrated-for-21-billion/ | title=Analog Devices to acquire rival chipmaker Maxim Integrated | first=Ron | last=Miller | work=[[TechCrunch]] | date=July 13, 2020}}</ref>
Maxim restated its earnings in September 2008 and was relisted on the Nasdaq Stock Exchange on October 8, 2008.<ref>{{cite news |title= Maxim Completes Restatement of Financial Statements |work= BNET: The CBS Interactive Business Network |date = September 2008|url= http://findarticles.com/p/articles/mi_pwwi/is_200809/ai_n28121669/ |accessdate= April 13, 2011 }}</ref><ref>{{cite news |title= Maxim Integrated Products, Inc. (MXIM) to Conduct NASDAQ Stock Market Closing Bell Remotely from Maxim's Headquarters in Sunnyvale, California |work= NASDAQ OMX GlobeBewsWire |date= October 7, 2008 |url= http://www.globenewswire.com/newsroom/news.html?d=151760 |accessdate= April 13, 2011 }}</ref>

In 1989, the company purchased its first wafer fabrication facility, in [[Sunnyvale, California]], from bankrupt Saratoga Semiconductor for only $5-million.<ref>{{Cite news | url=https://www.planetanalog.com/analog-chronicles-goodbye-maxim-integrated-products/ | title=Analog chronicles: Goodbye Maxim Integrated Products | first=Majeed | last=Ahmad | work=Planet Analog | date=August 30, 2021}}</ref>

In 1994, the company acquired the integrated circuits division of [[Tektronix]], based in [[Beaverton, Oregon]], giving it high-speed bipolar processes for wireless RF and fiber-optic products.<ref>{{Cite news | url=https://techmonitor.ai/techonology/tektronix_to_sell_integrated_circuits_arm_to_maxim | title=TEKTRONIX TO SELL INTEGRATED CIRCUITS ARM TO MAXIM | work=Tech Monitor | date=January 4, 1994}}</ref>

In 1997, the company acquired a wafer fab in [[San Jose, California]] from IC Works for $42 million.<ref>{{Cite news | url=https://www.semiconductoronline.com/doc/maxim-buys-a-wafer-fab-announces-stock-split-0001 | title=Maxim Buys a Wafer Fab, Announces Stock Split | work=Semiconductor Online | date=December 5, 1997}}</ref>

In April 2001, the company acquired [[Dallas Semiconductor]] in [[Dallas]], [[Texas]] in a stock transaction, to gain expertise in digital and mixed-signal [[CMOS]] design, as well as an additional wafer fab.<ref>{{Cite news | url=https://www.eetimes.com/maxim-completes-acquisition-of-dallas-semiconductor/ | title=Maxim completes acquisition of Dallas Semiconductor | work=[[EE Times]] | date=April 11, 2001}}</ref>

In October 2003, the company acquired a submicrometre CMOS fab from [[Philips]] in [[San Antonio]], [[Texas]] for $40 million to ramp up capacity and support processes down to the 0.25-micrometre level.<ref>{{Cite news | url=https://www.eetimes.com/maxim-buys-philips-fab-in-texas-for-40-million-2/ | title=Maxim buys Philips' fab in Texas for $40 million | work=[[EE Times]] | date=October 24, 2003}}</ref><ref>{{Cite news | url=https://www.nytimes.com/2003/10/25/business/company-news-maxim-integrated-buys-philips-plant-in-san-antonio.html | title=COMPANY NEWS; MAXIM INTEGRATED BUYS PHILIPS PLANT IN SAN ANTONIO | agency=[[Bloomberg News]] | work=[[The New York Times]] | date=October 25, 2003}}</ref>

In May 2007, the company acquired an 0.18-micrometre fab from [[Atmel]] in [[Irving, Texas]], for $38 million, approximately doubling fab capacity.<ref>{{cite news | url=https://www.reuters.com/article/idUSIN20070502170456MXIM20070502 | title=Maxim Integrated announces acquisition of Wafer Fab facility in Irving, Texas | work=[[Reuters]] | date=May 2, 2007}}</ref> In August 2007, it acquired [[Vitesse Semiconductor]]’s Storage Products Division in [[Colorado Springs, Colorado]], adding [[Serial ATA]] (SATA), [[Serial Attached SCSI]] (SAS), and enclosure-management products to Maxim’s product portfolio.<ref>{{Cite news | url=https://www.eetimes.com/vitesse-sells-storage-products-to-maxim/ | title=Vitesse sells storage products to Maxim | first=Mark | last=LaPedus | work=[[EE Times]] | date=August 23, 2007}}</ref>

From October 2007 to October 2008, Maxim's common stock was delisted from the Nasdaq Stock Exchange due to the company's inability to file financial statements related to stock option backdating. Maxim's stock was traded [[Over-the-counter (finance)|over-the-counter]] and quoted via [[Pink Sheets LLC]] until the company completed its restatement in 2008.<ref>{{Cite news | url=https://www.eetimes.com/maxims-stock-delisted-from-nasdaq/ | title=Maxim's stock delisted from Nasdaq | first=Mark | last=LaPedus | work=[[EE Times]] | date=October 2, 2007}}</ref><ref>{{Cite news | url=https://www.barrons.com/articles/BL-TB-4702 | title=Maxim Delisted; Now Traded On The Pink Sheets | first=Eric | last=Savitz | work=[[Barron's (newspaper)|Barron's]] | date=October 2, 2007 | url-access=subscription}}</ref> Maxim's CFO Carl Jasper resigned due to an investigation into the issue by Maxim's board of directors.<ref>{{Cite news | url=https://www.cfo.com/accounting-tax/2007/02/maxim-cfo-resigns-amid-options-probe/ | title=Maxim CFO Resigns amid Options Probe | work=[[CFO (magazine)|CFO]] | first=Stephen | last=Taub | date=February 1, 2007}}</ref> Maxim restated its earnings in September 2008 and was relisted on the Nasdaq Stock Exchange on October 8, 2008.<ref>{{cite press release | url=https://www.globenewswire.com/news-release/2008/10/07/385933/151760/en/Maxim-Integrated-Products-Inc-MXIM-to-Conduct-NASDAQ-Stock-Market-Closing-Bell-Remotely-from-Maxim-s-Headquarters-in-Sunnyvale-California.html | title=Maxim Integrated Products, Inc. (MXIM) to Conduct NASDAQ Stock Market Closing Bell Remotely from Maxim's Headquarters in Sunnyvale, California | publisher=[[Globe Newswire]] | date=October 7, 2008}}</ref>

In 2008, the company acquired Mobilygen based in [[Santa Clara, California]], to add [[H.264]] video-compression technology to its portfolio.<ref>{{cite news | url=https://venturebeat.com/2008/10/15/maxim-integrated-acquires-mobilygen-for-video-compression/ | title=Maxim Integrated acquires Mobilygen for video compression | first=Camille | last=Ricketts | work=[[VentureBeat]] | date=October 15, 2008}}</ref>

In 2009, the company acquired Innova Card, headquartered in [[La Ciotat]], [[France]], to enrich its position in the financial transaction terminal semiconductor market.<ref>{{Cite news | url=https://www.eetimes.com/maxim-acquires-innova-card/ | title=Maxim acquires Innova Card | first=Anne-Françoise | last=Pelé | work=[[EE Times]] | date=January 22, 2009}}</ref> It also acquired two product lines from [[Zilog]]: the Secure Transactions product line, featuring the Zatara family and the hardware portion of Zilog's Wireless Control product line, commonly found in universal remote controls.<ref>{{cite press release | url=https://www.globenewswire.com/news-release/2009/02/19/392841/9046/en/Maxim-Announces-Acquisition-of-Two-Product-Lines-From-Zilog-Inc.html | title=Maxim Announces Acquisition of Two Product Lines From Zilog, Inc. | publisher=[[Globe Newswire]] | date=February 19, 2009}}</ref><ref>{{Cite news | url=https://www.eetimes.com/zilog-sells-product-lines-to-maxim-uei/ | title=Zilog sells product lines to Maxim, UEI | first=Mark | last=LaPedus | work=[[EE Times]] | date=February 19, 2009}}</ref>

In 2010, the company acquired [[Teridian Semiconductor]] from [[Golden Gate Capital]] for $315 million. Teridian was a fabless semiconductor company based in [[Irvine, California]], supplying [[System-on-a-chip]] (SoC) for the [[smart meter]] market.<ref>{{cite press release | url=https://www.globenewswire.com/en/news-release/2010/04/12/418108/9046/en/Maxim-to-Acquire-Teridian-a-Leading-Supplier-of-System-on-Chip-Solutions-for-the-Smart-Meter-Market.html | title=Maxim to Acquire Teridian, a Leading Supplier of System on Chip Solutions for the Smart Meter Market | publisher=[[Globe Newswire]] | date=April 12, 2010}}</ref><ref>{{Cite web | url=https://pitchbook.com/newsletter/golden-gate-completes-teridian-sale | title=Golden Gate Completes Teridian Sale | publisher=PitchBook Data | date=May 14, 2010}}</ref> It also acquired Trinity Convergence Limited, a software company based in [[Cambridge]], [[United Kingdom]], a part of the ecosystem to bring [[Skype]] [[video conferencing]] to the [[LCD TV]] market. It also acquired Phyworks, a supplier of optical transceiver chips for the [[broadband]] communications market, for $72.5 million.<ref>{{cite press release | url=https://www.globenewswire.com/news-release/2010/09/08/429017/200878/en/Maxim-Acquires-Phyworks-a-Leading-Supplier-of-Optical-Transceiver-Chips-for-the-Broadband-Communications-Market.html | title=Maxim Acquires Phyworks, a Leading Supplier of Optical Transceiver Chips for the Broadband Communications Market | publisher=[[Globe Newswire]] | date=September 8, 2010}}</ref><ref>{{Cite news | url=https://www.eetimes.com/maxim-to-acquire-phyworks-for-72-5m/ | title=Maxim to acquire Phyworks for $72.5M | first=Mark | last=LaPedus | work=[[EE Times]] | date=September 8, 2010}}</ref>

In November 2010, the company shipped its first analog product on a 300mm wafer.<ref>{{cite press release | url=https://www.globenewswire.com/en/news-release/2010/11/05/433632/9046/en/Maxim-Begins-Production-Shipments-From-300mm-Wafers.html | title=Maxim Begins Production Shipments From 300mm Wafers | publisher=[[Globe Newswire]] | date=November 5, 2010}}</ref>

In July 2011, the company acquired [[SensorDynamics]], a semiconductor company that develops proprietary sensor and [[microelectromechanical systems]].<ref>{{cite press release | url=https://www.globenewswire.com/en/news-release/2011/07/18/451425/9046/en/Maxim-Acquires-SensorDynamics-Developer-and-Manufacturer-of-Proprietary-Sensor-and-MEMS-Solutions.html | title=Maxim Acquires SensorDynamics, Developer and Manufacturer of Proprietary Sensor and MEMS Solutions | publisher=[[Globe Newswire]] | date=July 18, 2011}}</ref> Also in 2011, it acquired Cambridge Analog Technologies, a company based in Billerica, Massachusetts, that focused on licensing analog designs including low power ADCs and other analog blocks.

In 2012, the company acquired Genasic Design Systems, a fabless RF chip company that makes chips for LTE applications.<ref>{{Cite news | url=https://www.eetimes.com/maxim-acquires-lte-chip-firm/ | title=Maxim acquires LTE chip firm | first=Peter | last=Clarke | work=[[EE Times]] | date=January 22, 2012}}</ref>

In October 2013, the company acquired [[Volterra Semiconductor]], a manufacturer of power management equipment.<ref>{{cite press release | url=https://www.prnewswire.com/news-releases/maxim-integrated-completes-acquisition-of-volterra-semiconductor-corporation-226039861.html | title=Maxim Integrated Completes Acquisition of Volterra Semiconductor Corporation | publisher=[[PR Newswire]] | date=October 1, 2013}}</ref>

In February 2018, the company acquired Icron Technologies, a manufacturer of USB and video extension products.<ref>{{cite web |title=Maxim Integrated Acquires Burnaby-based Icron Technologies | url=https://www.bctechnology.com/news/2018/2/16/Maxim-Integrated-Acquires-Burnaby-based-Icron-Technologies.cfm |website=bctechnology |date=16 February 2018}}</ref>

In June 2020, the company acquired Trinamic, a producer of motion control products.<ref>{{cite news | url=https://www.siliconexpert.com/blog/trinamic-and-maxim-integrated-bring-together-the-worlds-best-motion-control-solutions/ | title=Trinamic and Maxim Integrated Bring Together the World's Best Motion Control Solutions | work=[[SiliconExpert]] | date=June 18, 2020}}</ref>

On August 26, 2021, the company was acquired by [[Analog Devices]].<ref>{{cite news |title=Analog Devices Completes Acquisition of Maxim Integrated |url=https://www.valdostadailytimes.com/news/business/analog-devices-completes-acquisition-of-maxim-integrated/article_ba392264-d435-5296-b051-f1a791ac54a5.html | work=[[Valdosta Daily Times]] |date=August 12, 2021}}</ref>


==References==
==References==
{{Reflist}}
{{Reflist}}


==External links==
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[[Category:American corporate subsidiaries]]
[[Category:Defunct computer companies of the United States]]
[[Category:Defunct computer hardware companies]]

Latest revision as of 09:55, 18 November 2024

Maxim Integrated Products, Inc.
Maxim Integrated
Company typeSubsidiary
IndustrySemiconductors
Founded1983; 41 years ago (1983)
DefunctAugust 2021; 3 years ago (2021-08)
FateAcquired by Analog Devices
HeadquartersSan Jose, California, U.S.
ProductsIntegrated Circuits
RevenueIncrease US$2.632 billion (2021)
Increase US$945 million (2021)
Increase US$827 million (2021)
Total assetsIncrease US$4.523 billion (2021)
Total equityIncrease US$2.415 billion (2021)
Number of employees
7,100 (2020)
Websitemaximintegrated.com
Footnotes / references
[1]
Logo prior to September 2012

Maxim Integrated Products, Inc., was an American semiconductor company that designed, manufactured, and sold analog and mixed-signal integrated circuits for the automotive, industrial, communications, consumer, and computing markets. Maxim's product portfolio included power and battery management ICs, sensors, analog ICs, interface ICs, communications solutions, digital ICs, embedded security, and microcontrollers. The company is headquartered in San Jose, California, and has design centers, manufacturing facilities, and sales offices worldwide.[1] In 2021, the company was acquired by Analog Devices.

History

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Maxim was founded in April 1983. The founding team included Jack Gifford, a semiconductor industry pioneer since the 1960s and co-founder of Advanced Micro Devices; Fred Beck, an IC sales and distribution pioneer; Dave Bingham, General Electric’s Scientist of the Year in 1982; Steve Combs, a pioneer in wafer technologies and manufacturing; Lee Evans, also a pioneer in CMOS analog microchip design and General Electric’s Scientist of the Year in 1982; Dave Fullagar, inventor of the first internally compensated operational amplifier circuit; Roger Fuller, a pioneer in CMOS microchip design; Rich Hood, development director for some of the first microprocessor-controlled semiconductor test systems; and Dick Wilenken, who is acknowledged as the father of key analog switch and multiplexer technologies.

Based on a two-page business plan, they obtained US$9 million in venture capital financing to establish the company.[2]

In its first year, the company developed 24 second source products.

In 1985, the company introduced the MAX600.

Maxim recorded its first profitable fiscal year in 1987, with the help of the MAX232.

In 1988, the company became a public company via an initial public offering.[3]

In 1989, the company purchased its first wafer fabrication facility, in Sunnyvale, California, from bankrupt Saratoga Semiconductor for only $5-million.[4]

In 1994, the company acquired the integrated circuits division of Tektronix, based in Beaverton, Oregon, giving it high-speed bipolar processes for wireless RF and fiber-optic products.[5]

In 1997, the company acquired a wafer fab in San Jose, California from IC Works for $42 million.[6]

In April 2001, the company acquired Dallas Semiconductor in Dallas, Texas in a stock transaction, to gain expertise in digital and mixed-signal CMOS design, as well as an additional wafer fab.[7]

In October 2003, the company acquired a submicrometre CMOS fab from Philips in San Antonio, Texas for $40 million to ramp up capacity and support processes down to the 0.25-micrometre level.[8][9]

In May 2007, the company acquired an 0.18-micrometre fab from Atmel in Irving, Texas, for $38 million, approximately doubling fab capacity.[10] In August 2007, it acquired Vitesse Semiconductor’s Storage Products Division in Colorado Springs, Colorado, adding Serial ATA (SATA), Serial Attached SCSI (SAS), and enclosure-management products to Maxim’s product portfolio.[11]

From October 2007 to October 2008, Maxim's common stock was delisted from the Nasdaq Stock Exchange due to the company's inability to file financial statements related to stock option backdating. Maxim's stock was traded over-the-counter and quoted via Pink Sheets LLC until the company completed its restatement in 2008.[12][13] Maxim's CFO Carl Jasper resigned due to an investigation into the issue by Maxim's board of directors.[14] Maxim restated its earnings in September 2008 and was relisted on the Nasdaq Stock Exchange on October 8, 2008.[15]

In 2008, the company acquired Mobilygen based in Santa Clara, California, to add H.264 video-compression technology to its portfolio.[16]

In 2009, the company acquired Innova Card, headquartered in La Ciotat, France, to enrich its position in the financial transaction terminal semiconductor market.[17] It also acquired two product lines from Zilog: the Secure Transactions product line, featuring the Zatara family and the hardware portion of Zilog's Wireless Control product line, commonly found in universal remote controls.[18][19]

In 2010, the company acquired Teridian Semiconductor from Golden Gate Capital for $315 million. Teridian was a fabless semiconductor company based in Irvine, California, supplying System-on-a-chip (SoC) for the smart meter market.[20][21] It also acquired Trinity Convergence Limited, a software company based in Cambridge, United Kingdom, a part of the ecosystem to bring Skype video conferencing to the LCD TV market. It also acquired Phyworks, a supplier of optical transceiver chips for the broadband communications market, for $72.5 million.[22][23]

In November 2010, the company shipped its first analog product on a 300mm wafer.[24]

In July 2011, the company acquired SensorDynamics, a semiconductor company that develops proprietary sensor and microelectromechanical systems.[25] Also in 2011, it acquired Cambridge Analog Technologies, a company based in Billerica, Massachusetts, that focused on licensing analog designs including low power ADCs and other analog blocks.

In 2012, the company acquired Genasic Design Systems, a fabless RF chip company that makes chips for LTE applications.[26]

In October 2013, the company acquired Volterra Semiconductor, a manufacturer of power management equipment.[27]

In February 2018, the company acquired Icron Technologies, a manufacturer of USB and video extension products.[28]

In June 2020, the company acquired Trinamic, a producer of motion control products.[29]

On August 26, 2021, the company was acquired by Analog Devices.[30]

References

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  1. ^ a b "US SEC: 2020 Form 10-K Maxim Integrated Products, Inc". U.S. Securities and Exchange Commission.
  2. ^ Wool, Danny (January 27, 2011). "Maxim Moving to San Jose".
  3. ^ Miller, Ron (July 13, 2020). "Analog Devices to acquire rival chipmaker Maxim Integrated". TechCrunch.
  4. ^ Ahmad, Majeed (August 30, 2021). "Analog chronicles: Goodbye Maxim Integrated Products". Planet Analog.
  5. ^ "TEKTRONIX TO SELL INTEGRATED CIRCUITS ARM TO MAXIM". Tech Monitor. January 4, 1994.
  6. ^ "Maxim Buys a Wafer Fab, Announces Stock Split". Semiconductor Online. December 5, 1997.
  7. ^ "Maxim completes acquisition of Dallas Semiconductor". EE Times. April 11, 2001.
  8. ^ "Maxim buys Philips' fab in Texas for $40 million". EE Times. October 24, 2003.
  9. ^ "COMPANY NEWS; MAXIM INTEGRATED BUYS PHILIPS PLANT IN SAN ANTONIO". The New York Times. Bloomberg News. October 25, 2003.
  10. ^ "Maxim Integrated announces acquisition of Wafer Fab facility in Irving, Texas". Reuters. May 2, 2007.
  11. ^ LaPedus, Mark (August 23, 2007). "Vitesse sells storage products to Maxim". EE Times.
  12. ^ LaPedus, Mark (October 2, 2007). "Maxim's stock delisted from Nasdaq". EE Times.
  13. ^ Savitz, Eric (October 2, 2007). "Maxim Delisted; Now Traded On The Pink Sheets". Barron's.
  14. ^ Taub, Stephen (February 1, 2007). "Maxim CFO Resigns amid Options Probe". CFO.
  15. ^ "Maxim Integrated Products, Inc. (MXIM) to Conduct NASDAQ Stock Market Closing Bell Remotely from Maxim's Headquarters in Sunnyvale, California" (Press release). Globe Newswire. October 7, 2008.
  16. ^ Ricketts, Camille (October 15, 2008). "Maxim Integrated acquires Mobilygen for video compression". VentureBeat.
  17. ^ Pelé, Anne-Françoise (January 22, 2009). "Maxim acquires Innova Card". EE Times.
  18. ^ "Maxim Announces Acquisition of Two Product Lines From Zilog, Inc" (Press release). Globe Newswire. February 19, 2009.
  19. ^ LaPedus, Mark (February 19, 2009). "Zilog sells product lines to Maxim, UEI". EE Times.
  20. ^ "Maxim to Acquire Teridian, a Leading Supplier of System on Chip Solutions for the Smart Meter Market" (Press release). Globe Newswire. April 12, 2010.
  21. ^ "Golden Gate Completes Teridian Sale". PitchBook Data. May 14, 2010.
  22. ^ "Maxim Acquires Phyworks, a Leading Supplier of Optical Transceiver Chips for the Broadband Communications Market" (Press release). Globe Newswire. September 8, 2010.
  23. ^ LaPedus, Mark (September 8, 2010). "Maxim to acquire Phyworks for $72.5M". EE Times.
  24. ^ "Maxim Begins Production Shipments From 300mm Wafers" (Press release). Globe Newswire. November 5, 2010.
  25. ^ "Maxim Acquires SensorDynamics, Developer and Manufacturer of Proprietary Sensor and MEMS Solutions" (Press release). Globe Newswire. July 18, 2011.
  26. ^ Clarke, Peter (January 22, 2012). "Maxim acquires LTE chip firm". EE Times.
  27. ^ "Maxim Integrated Completes Acquisition of Volterra Semiconductor Corporation" (Press release). PR Newswire. October 1, 2013.
  28. ^ "Maxim Integrated Acquires Burnaby-based Icron Technologies". bctechnology. 16 February 2018.
  29. ^ "Trinamic and Maxim Integrated Bring Together the World's Best Motion Control Solutions". SiliconExpert. June 18, 2020.
  30. ^ "Analog Devices Completes Acquisition of Maxim Integrated". Valdosta Daily Times. August 12, 2021.
[edit]
  • Official website
    • Historical business data for Maxim Integrated:
    • SEC filings
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