Analog Devices Inc. is in advanced negotiations to acquire Empower Semiconductor for approximately $1.5 billion. The proposed deal is structured as an all-cash transaction.
Empower Semiconductor specializes in integrated voltage regulators that consolidate dozens of power management components into a single chip. This technology improves power density and efficiency for high-performance hardware.
The acquisition targets growth in the data center, 5G, and artificial intelligence sectors. Discussions have not been finalized and the deal could still fall apart.