Skyworks to Acquire The Infrastructure & Automotive Business of Silicon Labs
By: SiliconExpert on April 28th, 2021
On April 22, 2021 Skyworks Solutions, Inc. announced that it has entered into a definitive agreement with Silicon Laboratories Inc. to acquire the Infrastructure & Automotive business of Silicon Labs in an all-cash asset transaction of $ 2.75 billion US dollars.
This acquisition has been approved by the boards of directors of both companies and is subject to customary closing conditions including regulatory approvals. Transaction close date is expected sometime in the third calendar quarter of 2021.
Silicon Labs is a leading provider of silicon, software, and solutions for a smarter, more connected world. This acquisition includes the technical portfolio and related assets for Silicon Labs ‘ power/isolation, timing, and broadcast production lines which are largely complimentary to Skyworks’ communications portfolio.
Acquisition Benefits:
- Accelerate Skyworks’ expansion into the industry’s most high growth segments including electric/hybrid vehicles, industrial and motor control, power supply, 5G wireless infrastructure, optical data communication, data center, automotive, smart home, and several other applications.
- Skyworks will be uniquely positioned to address a combined market opportunity approaching $20 billion annually.
- Accelerates Silicon Labs’ IoT market leadership and growth.
Potential Impact to the Customer:
- Silicon Labs’ team will continue to develop advanced technologies while providing a superior user experience no matter the customer’s wireless protocol, ecosystem, application, or embedded expertise level.
What is the Impact to Your Business?
Mergers and Acquisitions are inevitable, SiliconExpert has the solutions to help you navigate the impact of these acquisitions. Contact us for a custom analysis of this M&A.
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By Nader Yousef
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