STMicroelectronics agrees to acquire NXP's MEMS sensors business
STMicroelectronics agrees to acquire NXP's MEMS sensors business
Evidence notes
- ST entered into an agreement to acquire NXP's MEMS sensor business for up to US$950 million in cash
- The deal adds automotive-safety and industrial MEMS assets to ST's sensor portfolio
- It materially strengthens ST's sensor position in industrial and autonomous-system component markets
Company context
Semiconductor and embedded solutions vendor spanning MCUs, power, analog, and motor-control ICs.