Aug 16 (Reuters) - Taiwan-based Silicon Motion on Wednesday blamed MaxLinear (MXL.O) for breaching their merger agreement and said it would seek damages in excess of the termination fee from the U.S. company. MaxLinear scrapped a nearly $4 billion cash-and-stock deal in July to acquire memory-controller maker Silicon Motion. MaxLinear may be required to pay Silicon Motion a termination fee of $160 million, according to the agreement in May last year. However, Silicon Motion would be liable to pay $132 million if the deal was terminated under some circumstances. Silicon Motion also said the company intends to resume declaring and paying dividends on an annual basis.

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Persons: MaxLinear, MaxLinear's, Akash Sriram, Saumyadeb Organizations: U.S ., Singapore International, Thomson Locations: Taiwan, U.S, Delaware, Singapore, Bengaluru