Analog Devices in Advanced Talks to Acquire Empower Semiconductor for $1.5 Billion
Analog Devices is reportedly close to acquiring Silicon Valley-based Empower Semiconductor for approximately $1.5 billion in cash, according to Bloomberg News sources. The deal would provide Analog with access to power management technology used in AI processors and data centers.
Tickers: $ADI
Topics: AI processors data centres power management semiconductors