Analog Devices to buy Alif Semiconductor for $1.35 billion....
Sep 10
1 min read
(Reuters, Sept. 9) Analog Devices (ADI.O) will acquire privately held Alif Semiconductor for $1.35 billion in cash, the companies said on Wednesday, expanding ADI's on-device capabilities as AI applications increasingly move into physical systems.The acquisition would combine ADI's sensing, signal-processing and power-management technologies with Alif's AI processors, allowing customers to build systems that can analyze and respond in real time (See link for details).
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