MaxLinear to acquire Intel’s Home Gateway Platform Division
MaxLinear, Inc (MXL)
Last maxlinear, inc earnings: 4/29 04:05 pm
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Source: Business Wire
Expands MaxLinear’s Connectivity offering addressing additional TAM of $6.4 billionAcquisition expected to be accretive to MaxLinear’s Non-GAAP operating profit in the first full quarter after the transaction closes CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear, Inc. (NYSE: MXL) a leading provider of radio frequency (RF), analog and mixed-signal integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multimarket applications, announced today that MaxLinear and its wholly owned subsidiary have entered into a definitive agreement with Intel Corporation under which MaxLinear would, subject to customary closing conditions, acquire Intel’s Home Gateway Platform Division assets in an all-cash, asset transaction valued at $150 million. The Home Gateway Platform Division comprises Wi-Fi Access Points, Ethernet and Home Gateway SoC products deployed across operator and retail markets.The acquisition will enable MaxLinear to complement its existing po
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MXL
Earnings
- 4/24/24 - Beat
MXL
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- MXL's page on the SEC website