There is good and bad when companies merge. The bad is the loss of jobs as they consolidate. The good is the opportunities in the market for startups. There are often gaps caused by elimination of the unprofitable parts of the business that a startup can attack.
In response to the recent developments, some consolidation is very likely in the rivals camp. It could be a merger of equally sized players as much as an acquisition of a smaller company by a bigger one. In all, I think it is good for the Analog market.