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Tower Buys Maxim's Texas Wafer Fab

2015-11-30 14:41:16| Semiconductors - Topix.net

Foundry Tower Semiconductor Ltd. is set to buy an 8-inch wafer fab in San Antonio, Texas, from Maxim Integrated Products Inc. for $40 million in Tower stock. Maxim is an analog and mixed-signal chip company that is believed to be in talks with Analog Devices Inc. about a possible takeover bid.

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