Analog Devices Inc. has completed its acquisition of Linear Technology Corp. The combination creates a strong analog technology company, now having among the industry’s most comprehensive suite of high-performance analog offerings and integrated engineering, manufacturing, sales and support operations that will accelerate innovation and revenue growth opportunities.
“The combination of Analog Devices and Linear Technology creates an analog industry powerhouse,” says Vincent Roche, ADI president and CEO. “Together, we are capable of solving more of our customers’ biggest and most complex challenges at the intersection of the physical and digital domains. We expect that this combination will create tremendous value for our customers, our employees and our shareholders for many years to come.”
ADI also announced that Robert H. Swanson, former executive chairman of Linear Technology, has been elected to the ADI Board of Directors, effective immediately after the closing of the acquisition.
“Bob Swanson’s decades of analog semiconductor expertise will add considerable value to ADI’s Board of Directors,” says Ray Stata, ADI chairman of the board.