CIO Influence
CIO Influence News Datacentre Networking

Skyworks Completes Acquisition of the Infrastructure & Automotive Business of Silicon Labs

Skyworks Completes Acquisition of the Infrastructure & Automotive Business of Silicon Labs

Skyworks Solutions, Inc., an innovator of high-performance analog semiconductors connecting people, places and things, announced that it has completed its acquisition of the Infrastructure & Automotive business of Silicon Laboratories Inc. in an all-cash asset transaction valued at $2.75 billion.

Recommended ITech News:  Google Cloud Region Goes Live in Delhi NCR in India

“On behalf of the entire Skyworks organization, I want to welcome the Infrastructure & Automotive team”

“On behalf of the entire Skyworks organization, I want to welcome the Infrastructure & Automotive team,” said Liam K. Griffin, chairman, chief executive officer and president of Skyworks. “In addition to a strong legacy of innovation and execution, the I&A business brings a highly diversified customer base that will enable our continued expansion into strategic end markets. Together, we will accelerate profitable growth in key industry segments, including electric and hybrid vehicles, industrial and motor control, power supply, 5G wireless infrastructure, optical data communications and data center.”.

Recommended ITech News:  Element Announces Appointment of Nancy Flores to its Board of Directors

Related posts

TRG Screen Announces Acquisition of Xpansion for Reference Data Usage Management

PR Newswire

Cohesity Collaborates with Microsoft to Simplify How Businesses Protect and Secure Their Data from Cyber Threats Including Ransomware Attacks

Business Wire

Red Hat Achieves Major Milestone for In-Vehicle Linux with Functional Safety Assessment and Certification for Linux Math Library

Business Wire