Analog Devices to buy Alif Semiconductor for $1.35B cash
Analog Devices (ADI) will acquire privately held Alif Semiconductor for $1.35 billion in cash, the companies said, expanding on-device capabilities as AI applications expand.
The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:** Analog Devices NASDAQ:ADI will acquire privately held Alif Semiconductor for $1.35 billion in cash, the companies said, expanding Analog's on-device capabilities as AI applications increasingly move in…