Texas Instruments acquires Chip Science Laboratory for $7.5 billion to strengthen its industrial chip layout.
Texas Instruments has agreed to acquire the chip company Silicon Labs for $7.5 billion. According to a joint statement released by the two companies, Silicon Labs shareholders will receive $231 per share in cash. The deal is expected to be completed in the first half of 2027. Silicon Labs' chips are widely used in smart home devices, industrial automation, battery storage, and commercial lighting, among other areas. Through the acquisition, Texas Instruments is showing that it will continue to focus on its core business. Last week, the world's largest analog chip manufacturer unexpectedly announced strong sales guidance, indicating a rebound in demand from industrial customers and car manufacturers. Due to its important position in the global supply chain, Texas Instruments has to some extent become a barometer of the overall economy, reflecting companies' confidence in future sales prospects.
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