Wow- this is unexpected! I worked at Maxim for 24+ years and this was something no one wanted to do back then- they even had kind of a "poison pill" in the stock plan that would release a bunch of shares in case of a takeover. It would have made it impossible to buy. I worked there in the hey days with all the original founders. I retired in 2018 as a managing director- probably in the top 50 in the hierarchy overall.. The company changed a lot after the founder/CEO Jack Gifford left the company in 2007 and others drifted away. I never really liked the newer management- they were more short term oriented and got the company heavily involved in cell phone asics. They were like crack, you could do one design and make $100M but there were a lot of soul crushing details that screwed it up and you were very beholden to a few customers (Apple/Samsung). I tried to stay in the standard products analog stuff though I supported the acquisiton of Dallas in 2001. I would have retired after Jack's departure but got involved in founding an automotive group that distracted me for a few years.
I'll check this out and see if I can get any inside details if any are curious. Thanks for the heads up. John Wettroth _____ From: TriEmbed [mailto:[email protected]] On Behalf Of Pete Soper via TriEmbed Sent: Monday, July 13, 2020 1:41 PM To: Triangle Embedded Computing Discussion Subject: [TriEmbed] Analog Devices buying Maxim
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