Maxim Integrated (MXIM) is acquiring SensorDynamics, a developer of MEMS sensor chips. The...

|About: Maxim Integrated Products, ... (MXIM)|By:, SA News Editor

Maxim Integrated (MXIM) is acquiring SensorDynamics, a developer of MEMS sensor chips. The acquisition should help Maxim compete against MEMS market leaders such as Texas Instruments (TXN), HP (HPQ), and STMicroelectronics (STM). Last year, Yole Development estimated the MEMS market will grow from over $7B in 2010 to $16B in 2014.