After InvenSense said that it would consider options to enhance shareholder value, Rosenblatt analyst Jun Zhang believes a Chinese PE firm bought the gyroscope business of Maxim Integrated (MXIM), while Chinese PE firms are considering buying Rohm Semi's gyroscope business. Zhang thinks that InvenSenser tried to sell itself two years ago, and the analyst is more confident that the company could be acquired this time. Based on the valuation of the Maxim deal, the analyst thinks that InvenSense could be acquired for up to $1B. Zhang says that the stock could rise on M&A speculation going forward, but keeps a Neutral rating on the shares based on fundamentals.