Soros Fund Boosts MaxLinear Stake ~ market folly

Tuesday, June 9, 2015

Soros Fund Boosts MaxLinear Stake

George Soros' family office Soros Fund Management has filed a 13G on shares of MaxLinear (MXL).  Per the filing, Soros Fund now owns 5.19% of the company with over 2.68 million shares.

This marks an increase in their position size of over 1.9 million shares. The filing was made due to activity on May 26th.

Per Google Finance, MaxLinear is "a provider of integrated, radio-frequency (RF) and mixed-signal integrated circuits for broadband communications and data center, metro, and long-haul transport network applications. The Company offers semiconductor products, such as RF Receivers, RF Receiver systems-on-chip (SoCs), Laser Modulator Drivers, Transimpedance Amplifiers, and Clock and Data Recovery Circuits. The Company's products receive and process RF and digital signals and enable the display of broadband video and data content in a range of electronic devices, including cable and terrestrial and satellite set top boxes, data over cable service interface specification (DOCSIS) data and voice gateways, hybrid analog and digital televisions, satellite low-noise blocker transponders or outdoor units, and optical modules for data center, metro, and long-haul transport network applications."

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