Jim Cramer is watching Linear Technology (LLTC) after Analog Devices (ADI) - Get Report agreed to buy the company for $14.8 billion. Cramer says this is an important deal and wrote about it on Real Money. He suggests the deal could have been a defensive move against Texas Instruments (TXN) - Get Report . Cramer describes Linear Technology as a great internet of things (IoT) play.
This article was written by a staff member of TheStreet.