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Analog Devices to buy Alif Semiconductor for $1.35B cash

Analog Devices will acquire Alif Semiconductor in an all-cash transaction for $1.35 billion, the companies said.

ADI

Analog Devices NASDAQ:ADI will acquire Alif Semiconductor in an all-cash transaction for $1.35 billion, both companies said on Wednesday. The deal will expand Analog Devices’ total addressable market across industrial, data center infrastructure, defense, energy, robotics and digital health.

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