Analog Devices to Acquire AI-focused Empower Semiconductor in a $1.5 billion Deal

Analog Devices is reportedly in advanced talks to acquire AI-focused power management startup Empower Semiconductor for about $1.5 billion in cash, in a deal that underscores how the artificial intelligence boom is rapidly reshaping the semiconductor industry far beyond high-profile AI processors. According to Bloomberg News, the transaction could be announced as early as Tuesday. […] The post Analog Devices to Acquire AI-focused Empower Semiconductor in a $1.5 billion Deal appeared first on Tekedia.

Analog Devices to Acquire AI-focused Empower Semiconductor in a $1.5 billion Deal

Analog Devices is reportedly in advanced talks to acquire AI-focused power management startup Empower Semiconductor for about $1.5 billion in cash, in a deal that underscores how the artificial intelligence boom is rapidly reshaping the semiconductor industry far beyond high-profile AI processors. According to Bloomberg News, the transaction could be announced as early as Tuesday. […]

The post Analog Devices to Acquire AI-focused Empower Semiconductor in a $1.5 billion Deal appeared first on Tekedia.

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