According to Bloomberg, Silicon Motion Technology (SIMO) is exploring a potential sale amid takeover interest


Stock Silicon Motion Technology Corp. Symbol SIMO
Date Announced 04/24/2022 Source Bloomberg
Type Company Seeking Strategic Alternatives
Date of Confirmation: 05/05/2022 Price at Confirmation: $81.20
Potential Profit: -6.69% Annualized Profit: -221.92%

Silicon Motion Technology Corp. (SIMO) is exploring a potential sale amid takeover interest in the semiconductor firm, according to people familiar with the matter.


May 4, 2022: MaxLinear Inc. (MXL) is in talks to acquire fellow chipmaker Silicon Motion Technology Corp., (SIMO) according to people familiar with the matter.

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