Texas Instruments agrees to acquire Silicon Labs for $7.5 billion
Texas Instruments signed a definitive agreement to acquire Silicon Labs in an all-cash transaction.
Evidence notes
- Silicon Labs shareholders are to receive $231.00 per share in cash under the signed agreement.
- The approximately $7.5 billion enterprise-value transaction would add Silicon Labs’ secure low-power wireless portfolio to Texas Instruments.
- Completion remains subject to shareholder, antitrust and other regulatory approvals, so Silicon Labs continues as a standalone listed company pending close.
Company context
Silicon Labs develops low-power wireless system-on-chips, microcontrollers, software and development tools for connected embedded devices. Its components provide control and radio connectivity for industrial systems and selected drone electronics.