Texas Instruments (TXN) Targets Wireless Growth with Silicon Laboratories Acquisition

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Texas Instruments (TXN) is set to acquire Silicon Laboratories in a $7.5 billion deal, marking its largest acquisition since 2011. The acquisition aims to significantly expand TXN’s presence in wireless connectivity chips, specifically for industrial equipment and consumer devices, complementing its existing focus on analog chips. The deal, expected to close in the first half of 2027, includes a 69% premium for Silicon Labs shares and is projected to generate $450 million in annual cost savings for Texas Instruments.

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