Analog Devices agrees to buy privately held Alif Semiconductor, which makes low-power AI processors, for $1.35B in cash, with contingent payments up to $200M (Anhata Rooprai/Reuters)
Analog Devices is putting as much as $1.55 billion behind low-power AI chips.
The deal values privately held Alif Semiconductor at $1.35 billion in cash, with another $200 million possible through contingent payments. Alif makes low-power AI processors. Analog Devices has agreed to buy the company, according to Reuters via Techmeme's note.
The deal values privately held Alif Semiconductor at $1.35 billion in cash, with another $200 million possible through contingent payments. Alif makes low-power AI processors. Analog Devices has agreed to buy the company, according to Reuters via Techmeme's note.
score 9