Quartz10h agoneutral
Analog Devices acquires Empower Semiconductor for $1.5BThe all-cash deal will expand Analog Devices' power delivery portfolio for AI data centers, where energy constraints are limiting system performance
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Analog Devices closes in on $1.5 billion Empower Semiconductor acquisition – Bloomberg (ADI)Analog Devices reportedly in advanced negotiations for cash takeoverAnalog Devices (NASDAQ:ADI) is reportedly nearing an agreement to acquire privately owned chipmaker Empower Semiconductor in a deal valued at approximately $1. 5 billion in cash, according to a Bloomberg News report published Tuesday citing sources familiar with the matter.