MaxLinear Completes Acquisition of and Raises Revenue Expectations from Intel's Home Gateway Platform Division

摘要

MaxLinear, Inc., a leading provider of radio frequency (RF), analog and mixed-signal integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multimarket applications, announced today that it has completed the acquisition of Intel's Home Gateway Platform Division, announced on April 6,2020, in an all cash, asset transaction valued at $150 million. MaxLinear funded the acquisition with proceeds from a $175 million term loan A facility, which was upsized from $140 million initially announced.