Texas Instruments to Acquire Silicon Labs
7 hours ago
- #Semiconductor
- #Wireless Technology
- #Acquisition
- Texas Instruments (TI) announces acquisition of Silicon Labs for $7.5 billion in an all-cash transaction.
- The deal enhances TI's leadership in embedded wireless connectivity solutions, adding 1,200 products to its portfolio.
- Expected to generate ~$450 million in annual manufacturing and operational synergies within three years post-close.
- Combination leverages TI's manufacturing capabilities and Silicon Labs' wireless expertise for greater innovation and market access.
- Transaction expected to close in the first half of 2027, pending regulatory and stockholder approvals.
- TI to fund the acquisition through cash on hand and debt financing, with no financing contingency.
- The acquisition is anticipated to be accretive to TI's earnings per share in the first full year post-close.
- Both companies highlight shared Texas heritage and commitment to long-term technology development.