<p>Chipmaker MaxLinear Inc said on Thursday it will buy Taiwan-based Silicon Motion Technology for $3.8 billion in a cash-and-stock deal.</p>.<p>The offer price of $114.34 per share is at a 41 per cent premium to Silicon Motion's close on Wednesday, when the deal talks were reported.</p>.<p>Qualcomm rival MediaTek Thad was also interested in buying Silicon Motion, according to media reports.</p>.<p>Silicon Motion, which makes NAND flash controllers, has been working with advisers and holding talks with potential suitors amid takeover interest, <em>Bloomberg News</em> reported in April. </p>
<p>Chipmaker MaxLinear Inc said on Thursday it will buy Taiwan-based Silicon Motion Technology for $3.8 billion in a cash-and-stock deal.</p>.<p>The offer price of $114.34 per share is at a 41 per cent premium to Silicon Motion's close on Wednesday, when the deal talks were reported.</p>.<p>Qualcomm rival MediaTek Thad was also interested in buying Silicon Motion, according to media reports.</p>.<p>Silicon Motion, which makes NAND flash controllers, has been working with advisers and holding talks with potential suitors amid takeover interest, <em>Bloomberg News</em> reported in April. </p>