Analog Devices didn’t waste any time kicking off the week with a bang when it announced this morning it was acquiring rival chipmaker Maxim Integrated Products for $20.91 billion (according to multiple reports). The company had a market cap of $17.09 billion as of Friday’s close. The deal, which has already been approved by both company’s boards, would create a chip making behemoth worth $68 billion, according to the Analog.

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