InvestorsHub1d agoneutral
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.