Analog Devices to acquire Alif Semiconductor for $1.35 billion in cash
Analog Devices will acquire privately held Alif Semiconductor for $1.35 billion in cash, expanding its on-device capabilities for AI applications moving into physical systems.
35 billion in cash. The companies said the deal is intended to expand 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 embedded edge AI and microcontroller products.