Ase and analog devices announce strategic collaboration

Penang, malaysia & wilmington, mass.--(business wire)--ase technology holding co., ltd. (nyse: asx, taiex: 3711), and analog devices, inc. (nasdaq: adi), today announced strategic joint efforts in penang, malaysia with the signing of a binding memorandum of understanding. subject to the execution of the definitive transaction documents, ase intends to purchase 100% of the equity of analog devices sdn. bhd. and consequently its manufacturing facility in penang. in addition, adi and ase intend to.
ADI Ratings Summary
ADI Quant Ranking