- Taiwan's antitrust regulator is expected to decide soon if MaxLinear ( NASDAQ: MXL ) will have to file for its planned $3.9 acquisition of Silicon Motion Technology ( NASDAQ: SIMO ).
- The parties have been engaging with the Taiwan's Federal Trade Commission on the matter, according to a Dealreporter item on Tuesday, that cited an official at the antitrust agency. The filing requirement may be triggered by the companies' market shares in the country.
- Last month it was reported that MaxLinear ( MXL )started to proactively approach third parties in China regarding the Silicon Motion ( SIMO ) deal.
- Also last month MaxLinear's ( MXL ) said its planned purchase of Silicon Motion Technology ( SIMO ) was on track for a mid year close.
- MaxLinear ( MXL ) shares ticked down 0.1% and Silicon Motion ( SIMO ) ticked down 0.8.%
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Taiwan to soon decide if MaxLinear will have to file Silicon Motion deal - report