Analog Devices launched the MAXQ1065 cryptographic controller, featuring ChipDNA™ technology, providing enhanced security for edge-to-cloud IoT nodes, notably in medical and wearable devices. This security co-processor offers 30x lower power consumption than similar products and is built for long-term harsh environment deployments. It supports vital cryptographic functions, including data confidentiality, secure boot, and secure communications. Pricing for the MAXQ1065 starts at $0.83 per unit for bulk orders, with immediate availability.
Analog Devices, Inc. (NASDAQ: ADI) has completed its acquisition of Maxim Integrated Products, Inc. (NASDAQ: MXIM), a strategic move aimed at enhancing ADI's position in the analog semiconductor market. This acquisition is expected to leverage a combined revenue of over $9 billion and generate free cash flow exceeding $3 billion on a pro forma basis. Under the agreement, Maxim shareholders received 0.63 shares of ADI stock for each share of Maxim. Additionally, Tunç Doluca and Mercedes Johnson will join ADI's Board of Directors following the merger.
Analog Devices (NASDAQ: ADI) has received antitrust clearance from China's State Administration for Market Regulation for its acquisition of Maxim Integrated Products (NASDAQ: MXIM). This approval marks a significant step forward as the transaction has now obtained all necessary regulatory clearances. Analog Devices and Maxim expect the deal to close around August 26, 2021, pending customary closing conditions. The acquisition is projected to enhance the capabilities of both companies in the semiconductor industry, contributing to their growth and innovation.
Maxim Integrated has launched the MAX16602 AI cores dual-output voltage regulator and MAX20790 smart power-stage IC, offering the highest efficiency and smallest solution size for AI systems. This multi-phase chipset achieves greater than 95% efficiency at 1.8V output and 200A load, translating to a 16% reduction in wasted power and 40% less output capacitance compared to competitors. The design enables flexibility for various output current requirements and supports AI computing for edge and cloud applications.
Maxim Integrated Products (NASDAQ: MXIM) announces the launch of the TMC6140-LA 3-phase MOSFET gate driver from TRINAMIC Motion Control. This new gate driver simplifies design and improves battery life for brushless DC motors, achieving 30% greater power efficiency. The TMC6140-LA integrates three bottom shunt amplifiers and reduces component count by 50% compared to similar products. It is designed for performance across a wide voltage range, with features for enhanced diagnostics and functional safety. Priced at $2.68, it is aimed at applications like power tools where voltage stability is crucial.
Maxim Integrated Products reported net revenue of $720 million for Q4 FY 2021, an 8% increase from the previous quarter and a 32% increase year-over-year. Diluted EPS was $0.93, benefiting from a $13 million tax reserve release, while adjusted EPS was $0.91 after accounting for $6 million in special items. The firm reported cash flow from operations of $280 million and total cash and investments of $2.3 billion. Notably, dividends are suspended due to the pending merger with Analog Devices.
Maxim Integrated Products has partnered with Xailient to enhance IoT capabilities with the MAX78000 neural-network microcontroller. This device achieves real-time face detection using Xailient's Detectum neural network, consuming just 280 microJoules of power, which is 250x lower than conventional methods. The network processes inferences in 12ms, supporting applications in security cameras and more. Together, they promise longer battery life and improved efficiency for hybrid edge/cloud applications.
Maxim Integrated has launched the MAXREFDES178# camera cube reference design, showcasing how AI can be deployed in low-power, space-constrained edge devices. This design features the MAX78000 microcontroller, which enables audio and video inferences while cutting power needs by up to 1,000x. The compact design (1.6in x 1.7in x 1.5in) supports applications like facial recognition in wearables. The product is priced at $149, with the MAX78000 available for $8.50.
Maxim Integrated Products, Inc. (NASDAQ: MXIM) will announce its fiscal fourth quarter 2021 results after market close on July 27, 2021. In light of its pending merger with Analog Devices, no conference call will follow the earnings release. If the merger is finalized on or before this date, the fourth quarter results will not be issued. Investors are advised to check the company's Investor Relations website for updates regarding the merger and quarterly highlights.
Maxim Integrated Products has launched the MAX25512, a four-channel automotive LED backlight driver that ensures constant brightness in car displays even during extreme cold crank scenarios with a low input voltage of 3V. This solution integrates a boost converter, eliminating external components, which reduces bill of materials cost and board space by 30%. With a high efficiency of 91% at 2.2MHz, the MAX25512 meets the increasing demand for reliable automotive displays amidst start-stop system challenges.