Maxim announce Volterra acquisition

Tunç Doluca, President and Chief Executive Officer of Maxim, commented: "Maxim Integrated is known for its highly integrated solutions. With Volterra, we will strengthen our position in the enterprise and communications markets. We add a very talented team and leading-edge proprietary technology in high-current power management solutions, which further diversifies our business model."

Volterra is an industry leader in high-current, high-performance, and high-density power management solutions. The company develops highly integrated solutions primarily for the enterprise, cloud computing, communications, and networking markets. Volterra's portfolio of highly integrated products enables better performance, smaller form factors, enhanced scalability, improved system management, and lower total cost of ownership.

At $9 billion, power management is currently the largest and fastest-growing product segment in the analog market, according to Databeans. Maxim offers a broad portfolio of products for power conversion: switching regulators, linear regulators, charge pumps, digital Point-of-Load converters, and Power Management Integrated Circuits, primarily in medium-to-low current applications. Volterra's high-current technology expands Maxim’s position in this growing segment of the analog market.

"This is an attractive transaction for our employees, customers, and investors. The Volterra team will build upon Maxim's scale and market leadership to expand our ability to deliver innovative and differentiated products to our customers. We remain committed to providing our customers with advanced technology solutions and world-class quality and support. Joining forces with the innovative Maxim team will present exciting new opportunities for Volterra's talented employees," comments Volterra President and Chief Executive Officer, Jeffrey Staszak.

Pending regulatory approvals, Maxim's acquisition of Volterra is expected to close early in the December quarter.