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MediaTek acquires selected product lines from Analog Devices |
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Sep 10, 2007 at 09:36 AM |
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 MediaTek is to acquire the assets related to the Analog Devices baseband chipset product lines, as well as certain cellular handset baseband support operations, for approximately $350 million in cash.
These product lines represented approximately $230 million in revenue for ADI, based on fiscal year 2006 financial results.
ADI plans to continue to invest in the wireless handset market by focusing on developing high-performance analog, micro-electro mechanical systems (MEMS), and programmable digital signal processing (DSP) products that enhance the audio, video, connectivity, and power efficiency capabilities in a range of wireless multimedia devices.
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