# Maxim Integrated

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American technology company

Maxim Integrated Products, Inc. Trade name Maxim Integrated Type Subsidiary Traded as Nasdaq: MXIM Industry Semiconductors Founded 1983; 43 years ago (1983) Defunct August 2021; 4 years ago (2021-08) Fate Acquired by Analog Devices Headquarters San Jose Products Integrated Circuits Revenue US$2.632 billion (2021) Operating income US$945 million (2021) Net income US$827 million (2021) Total assets US$4.523 billion (2021) Total equity US$2.415 billion (2021) Number of employees 7,100 (2020) Website maximintegrated.com Footnotes [1]

Logo prior to September 2012

**Maxim Integrated Products, Inc.**, was an American semiconductor company that designed, manufactured, and sold [analog](/source/Analog_integrated_circuit) and [mixed-signal integrated circuits](/source/Mixed-signal_integrated_circuit) 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](/source/San_Jose%2C_California), and has design centers, manufacturing facilities, and sales offices worldwide.[1] In 2021, the company was acquired by [Analog Devices](/source/Analog_Devices).

## History

Maxim was founded in April 1983. The founding team included [Jack Gifford](/source/Jack_Gifford), a semiconductor industry pioneer since the 1960s and co-founder of [Advanced Micro Devices](/source/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](/source/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](/source/Venture_capital_financing) to establish the company.[2]

In its first year, the company developed 24 [second source](/source/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](/source/MAX232).

In 1988, the company became a [public company](/source/Public_company) via an [initial public offering](/source/Initial_public_offering).[3]

In 1989, the company purchased its first wafer fabrication facility, in [Sunnyvale, California](/source/Sunnyvale%2C_California), from bankrupt Saratoga Semiconductor for only $5-million.[4]

In 1994, the company acquired the integrated circuits division of [Tektronix](/source/Tektronix), based in [Beaverton, Oregon](/source/Beaverton%2C_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](/source/San_Jose%2C_California) from IC Works for $42 million.[6]

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

In October 2003, the company acquired a submicrometre CMOS fab from [Philips](/source/Philips) in [San Antonio](/source/San_Antonio), [Texas](/source/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](/source/Atmel) in [Irving, Texas](/source/Irving%2C_Texas), for $38 million, approximately doubling fab capacity.[10] In August 2007, it acquired [Vitesse Semiconductor](/source/Vitesse_Semiconductor)’s Storage Products Division in [Colorado Springs, Colorado](/source/Colorado_Springs%2C_Colorado), adding [Serial ATA](/source/Serial_ATA) (SATA), [Serial Attached SCSI](/source/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](/source/Over-the-counter_(finance)) and quoted via [Pink Sheets LLC](/source/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](/source/Santa_Clara%2C_California), to add [H.264](/source/H.264) video-compression technology to its portfolio.[16]

In 2009, the company acquired Innova Card, headquartered in [La Ciotat](/source/La_Ciotat), [France](/source/France), to enrich its position in the financial transaction terminal semiconductor market.[17] It also acquired two product lines from [Zilog](/source/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](/source/Teridian_Semiconductor) from [Golden Gate Capital](/source/Golden_Gate_Capital) for $315 million. Teridian was a fabless semiconductor company based in [Irvine, California](/source/Irvine%2C_California), supplying [System-on-a-chip](/source/System-on-a-chip) (SoC) for the [smart meter](/source/Smart_meter) market.[20][21] It also acquired Trinity Convergence Limited, a software company based in [Cambridge](/source/Cambridge), [United Kingdom](/source/United_Kingdom), a part of the ecosystem to bring [Skype](/source/Skype) [video conferencing](/source/Video_conferencing) to the [LCD TV](/source/LCD_TV) market. It also acquired Phyworks, a supplier of optical transceiver chips for the [broadband](/source/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](/source/SensorDynamics), a semiconductor company that develops proprietary sensor and [microelectromechanical systems](/source/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](/source/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](/source/Analog_Devices).[30]

## References

1. ^ [***a***](#cite_ref-10K_1-0) [***b***](#cite_ref-10K_1-1) ["US SEC: 2020 Form 10-K Maxim Integrated Products, Inc"](https://www.sec.gov/ix?doc=/Archives/edgar/data/743316/000074331621000025/mxim-20210626.htm). [U.S. Securities and Exchange Commission](/source/U.S._Securities_and_Exchange_Commission).

1. **[^](#cite_ref-2)** Wool, Danny (January 27, 2011). ["Maxim Moving to San Jose"](https://www.sanjose.com/2011/01/27/maxim_moving_headquarters_san_jose/).

1. **[^](#cite_ref-3)** Miller, Ron (July 13, 2020). ["Analog Devices to acquire rival chipmaker Maxim Integrated"](https://techcrunch.com/2020/07/13/analog-devices-to-acquire-rival-chipmaker-maxim-integrated-for-21-billion/). *[TechCrunch](/source/TechCrunch)*.

1. **[^](#cite_ref-4)** Ahmad, Majeed (August 30, 2021). ["Analog chronicles: Goodbye Maxim Integrated Products"](https://www.planetanalog.com/analog-chronicles-goodbye-maxim-integrated-products/). *Planet Analog*.

1. **[^](#cite_ref-5)** ["TEKTRONIX TO SELL INTEGRATED CIRCUITS ARM TO MAXIM"](https://techmonitor.ai/techonology/tektronix_to_sell_integrated_circuits_arm_to_maxim). *Tech Monitor*. January 4, 1994.

1. **[^](#cite_ref-6)** ["Maxim Buys a Wafer Fab, Announces Stock Split"](https://www.semiconductoronline.com/doc/maxim-buys-a-wafer-fab-announces-stock-split-0001). *Semiconductor Online*. December 5, 1997.

1. **[^](#cite_ref-7)** ["Maxim completes acquisition of Dallas Semiconductor"](https://www.eetimes.com/maxim-completes-acquisition-of-dallas-semiconductor/). *[EE Times](/source/EE_Times)*. April 11, 2001.

1. **[^](#cite_ref-8)** ["Maxim buys Philips' fab in Texas for $40 million"](https://www.eetimes.com/maxim-buys-philips-fab-in-texas-for-40-million-2/). *[EE Times](/source/EE_Times)*. October 24, 2003.

1. **[^](#cite_ref-9)** ["COMPANY NEWS; MAXIM INTEGRATED BUYS PHILIPS PLANT IN SAN ANTONIO"](https://www.nytimes.com/2003/10/25/business/company-news-maxim-integrated-buys-philips-plant-in-san-antonio.html). *[The New York Times](/source/The_New_York_Times)*. [Bloomberg News](/source/Bloomberg_News). October 25, 2003.

1. **[^](#cite_ref-10)** ["Maxim Integrated announces acquisition of Wafer Fab facility in Irving, Texas"](https://www.reuters.com/article/idUSIN20070502170456MXIM20070502). *[Reuters](/source/Reuters)*. May 2, 2007.

1. **[^](#cite_ref-11)** LaPedus, Mark (August 23, 2007). ["Vitesse sells storage products to Maxim"](https://www.eetimes.com/vitesse-sells-storage-products-to-maxim/). *[EE Times](/source/EE_Times)*.

1. **[^](#cite_ref-12)** LaPedus, Mark (October 2, 2007). ["Maxim's stock delisted from Nasdaq"](https://www.eetimes.com/maxims-stock-delisted-from-nasdaq/). *[EE Times](/source/EE_Times)*.

1. **[^](#cite_ref-13)** Savitz, Eric (October 2, 2007). ["Maxim Delisted; Now Traded On The Pink Sheets"](https://www.barrons.com/articles/BL-TB-4702). *[Barron's](/source/Barron's_(newspaper))*.

1. **[^](#cite_ref-14)** Taub, Stephen (February 1, 2007). ["Maxim CFO Resigns amid Options Probe"](https://www.cfo.com/accounting-tax/2007/02/maxim-cfo-resigns-amid-options-probe/). *[CFO](/source/CFO_(magazine))*.

1. **[^](#cite_ref-15)** ["Maxim Integrated Products, Inc. (MXIM) to Conduct NASDAQ Stock Market Closing Bell Remotely from Maxim's Headquarters in Sunnyvale, California"](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) (Press release). [Globe Newswire](/source/Globe_Newswire). October 7, 2008.

1. **[^](#cite_ref-16)** Ricketts, Camille (October 15, 2008). ["Maxim Integrated acquires Mobilygen for video compression"](https://venturebeat.com/2008/10/15/maxim-integrated-acquires-mobilygen-for-video-compression/). *[VentureBeat](/source/VentureBeat)*.

1. **[^](#cite_ref-17)** Pelé, Anne-Françoise (January 22, 2009). ["Maxim acquires Innova Card"](https://www.eetimes.com/maxim-acquires-innova-card/). *[EE Times](/source/EE_Times)*.

1. **[^](#cite_ref-18)** ["Maxim Announces Acquisition of Two Product Lines From Zilog, Inc"](https://www.globenewswire.com/news-release/2009/02/19/392841/9046/en/Maxim-Announces-Acquisition-of-Two-Product-Lines-From-Zilog-Inc.html) (Press release). [Globe Newswire](/source/Globe_Newswire). February 19, 2009.

1. **[^](#cite_ref-19)** LaPedus, Mark (February 19, 2009). ["Zilog sells product lines to Maxim, UEI"](https://www.eetimes.com/zilog-sells-product-lines-to-maxim-uei/). *[EE Times](/source/EE_Times)*.

1. **[^](#cite_ref-20)** ["Maxim to Acquire Teridian, a Leading Supplier of System on Chip Solutions for the Smart Meter Market"](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) (Press release). [Globe Newswire](/source/Globe_Newswire). April 12, 2010.

1. **[^](#cite_ref-21)** ["Golden Gate Completes Teridian Sale"](https://pitchbook.com/newsletter/golden-gate-completes-teridian-sale). PitchBook Data. May 14, 2010.

1. **[^](#cite_ref-22)** ["Maxim Acquires Phyworks, a Leading Supplier of Optical Transceiver Chips for the Broadband Communications Market"](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) (Press release). [Globe Newswire](/source/Globe_Newswire). September 8, 2010.

1. **[^](#cite_ref-23)** LaPedus, Mark (September 8, 2010). ["Maxim to acquire Phyworks for $72.5M"](https://www.eetimes.com/maxim-to-acquire-phyworks-for-72-5m/). *[EE Times](/source/EE_Times)*.

1. **[^](#cite_ref-24)** ["Maxim Begins Production Shipments From 300mm Wafers"](https://www.globenewswire.com/en/news-release/2010/11/05/433632/9046/en/Maxim-Begins-Production-Shipments-From-300mm-Wafers.html) (Press release). [Globe Newswire](/source/Globe_Newswire). November 5, 2010.

1. **[^](#cite_ref-25)** ["Maxim Acquires SensorDynamics, Developer and Manufacturer of Proprietary Sensor and MEMS Solutions"](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) (Press release). [Globe Newswire](/source/Globe_Newswire). July 18, 2011.

1. **[^](#cite_ref-26)** Clarke, Peter (January 22, 2012). ["Maxim acquires LTE chip firm"](https://www.eetimes.com/maxim-acquires-lte-chip-firm/). *[EE Times](/source/EE_Times)*.

1. **[^](#cite_ref-27)** ["Maxim Integrated Completes Acquisition of Volterra Semiconductor Corporation"](https://www.prnewswire.com/news-releases/maxim-integrated-completes-acquisition-of-volterra-semiconductor-corporation-226039861.html) (Press release). [PR Newswire](/source/PR_Newswire). October 1, 2013.

1. **[^](#cite_ref-28)** ["Maxim Integrated Acquires Burnaby-based Icron Technologies"](https://www.bctechnology.com/news/2018/2/16/Maxim-Integrated-Acquires-Burnaby-based-Icron-Technologies.cfm). *bctechnology*. 16 February 2018.

1. **[^](#cite_ref-29)** ["Trinamic and Maxim Integrated Bring Together the World's Best Motion Control Solutions"](https://www.siliconexpert.com/blog/trinamic-and-maxim-integrated-bring-together-the-worlds-best-motion-control-solutions/). *[SiliconExpert](/source/SiliconExpert)*. June 18, 2020.

1. **[^](#cite_ref-30)** ["Analog Devices Completes Acquisition of Maxim Integrated"](https://www.valdostadailytimes.com/news/business/analog-devices-completes-acquisition-of-maxim-integrated/article_ba392264-d435-5296-b051-f1a791ac54a5.html). *[Valdosta Daily Times](/source/Valdosta_Daily_Times)*. August 12, 2021.

## External links

- [Official website](https://www.maximintegrated.com)

- - Historical business data for Maxim Integrated: - [SEC filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=743316)

- [Companies portal](https://en.wikipedia.org/wiki/Portal:Companies)
- [San Francisco Bay Area portal](https://en.wikipedia.org/wiki/Portal:San_Francisco_Bay_Area)

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Adapted from the Wikipedia article [Maxim Integrated](https://en.wikipedia.org/wiki/Maxim_Integrated) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Maxim_Integrated?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.