Maxim Integrated, a subsidiary of Analog Devices, designs, manufactures, and sells analog and mixed-signal integrated circuits for the automotive, industrial, communications, consumer, and computing markets. Maxim's product portfolio includes 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, and has design centers, manufacturing facilities, and sales offices worldwide.
|Headquarters||San Jose, California, U.S.|
|Revenue||US$2.632 billion (2021)|
|US$945 million (2021)|
|US$827 million (2021)|
|Total assets||US$4.523 billion (2021)|
|Total equity||US$2.415 billion (2021)|
Number of employees
|Footnotes / references|
Maxim was founded in April 1983. The founding team included Jack Gifford, a semiconductor industry pioneer since the 1960s; 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 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.
In its first year, the company developed 24 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.
In May 2007, the company acquired an 0.18-micrometre fab from Atmel in Irving, Texas, for $38 million, approximately doubling fab capacity. In August 2007, it acquired Vitesse Semiconductor’s Storage Products Division in Colorado Springs, Colorado, adding Serial ATA (SATA), Serial Attached SCSI (SAS), and enclosure-management products to Maxim’s product portfolio.
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 and quoted via Pink Sheets LLC until the company completed its restatement in 2008. Maxim's CFO Carl Jasper resigned due to an investigation into the issue by Maxim's board of directors. Maxim restated its earnings in September 2008 and was relisted on the Nasdaq Stock Exchange on October 8, 2008.
In 2009, the company acquired Innova Card, headquartered in La Ciotat, France, to enrich its position in the financial transaction terminal semiconductor market. It also acquired two product lines from 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.
In 2010, the company acquired Teridian Semiconductor from Golden Gate Capital for $315 million. Teridian was a fabless semiconductor company based in Irvine, California, supplying System-on-a-chip (SoC) for the smart meter market. It also acquired Trinity Convergence Limited, a software company based in Cambridge, United Kingdom, a part of the ecosystem to bring Skype video conferencing to the LCD TV market. It also acquired Phyworks, a supplier of optical transceiver chips for the broadband communications market, for $72.5 million.
In November 2010, the company shipped its first analog product on a 300mm wafer.
In July 2011, the company acquired SensorDynamics, a semiconductor company that develops proprietary sensor and microelectromechanical systems. 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.
In February 2018, the company acquired Icron Technologies, a manufacturer of USB and video extension products.
In June 2020, the company acquired Trinamic, a producer of motion control products.
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- "Maxim to Acquire Teridian, a Leading Supplier of System on Chip Solutions for the Smart Meter Market" (Press release). Globe Newswire. April 12, 2010.
- "Golden Gate Completes Teridian Sale". PitchBook Data. May 14, 2010.
- "Maxim Acquires Phyworks, a Leading Supplier of Optical Transceiver Chips for the Broadband Communications Market" (Press release). Globe Newswire. September 8, 2010.
- LaPedus, Mark (September 8, 2010). "Maxim to acquire Phyworks for $72.5M". EE Times.
- "Maxim Begins Production Shipments From 300mm Wafers" (Press release). Globe Newswire. November 5, 2010.
- "Maxim Acquires SensorDynamics, Developer and Manufacturer of Proprietary Sensor and MEMS Solutions" (Press release). Globe Newswire. July 18, 2011.
- Clarke, Peter (January 22, 2012). "Maxim acquires LTE chip firm". EE Times.
- "Maxim Integrated Completes Acquisition of Volterra Semiconductor Corporation" (Press release). PR Newswire. October 1, 2013.
- "Maxim Integrated Acquires Burnaby-based Icron Technologies". bctechnology. 16 February 2018.
- "Trinamic and Maxim Integrated Bring Together the World's Best Motion Control Solutions". SiliconExpert. June 18, 2020.
- "Analog Devices Completes Acquisition of Maxim Integrated". Valdosta Daily Times. August 12, 2021.