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Silicon Labs to sell unit to Skyworks for $2 75 bln, shares surge after hours

Silicon Labs to sell unit to Skyworks for $2 75 bln, shares surge after hours
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United statesTyson tuttleSilicon laboratories incSilicon labSkyworks solutions incAlphabet inc googleLaboratories incSilicon labsCalifornia based skyworksTexas based silicon labsAlphabet incLabs chief executive tyson tuttleஒன்றுபட்டது மாநிலங்களில்டைசன் டட்டில்சிலிக்கான் ஆய்வகங்கள் இன்க்சிலிக்கான் ஆய்வகம்

Silicon Labs Appoints Matt Johnson to President

Silicon Labs Appoints Matt Johnson to President
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United statesTyson tuttleMatt johnsonFreescale semiconductorSilicon laboratories incDell children medical center foundationSilicon labSkyworks solutions incHarvard business schoolFairchild semiconductorStanford universityUniversity of maineSilicon labsDell childrenMedical centerSilicon laboratories

Silicon Labs to sell infrastructure-automotive unit for $2 75 bln

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Stephen nellisNoor zainab hussainSilicon laboratories incSkyworks solutions incLaboratories incஸ்டீபன் நெல்லிஸ்நூர் ஜைநப் ஹுசைன்சிலிக்கான் ஆய்வகங்கள் இன்க்ஸ்கைவேர்க்ஸ் தீர்வுகள் இன்க்ஆய்வகங்கள் இன்க்

CORRECTED-UPDATE 1-Silicon Labs to sell infrastructure and auto unit to Skyworks for $2 75 billion

CORRECTED-UPDATE 1-Silicon Labs to sell infrastructure and auto unit to Skyworks for $2.75 billion Reuters 2 days ago Popular Searches April 22 (Reuters) - Silicon Laboratories Inc said on Thursday it would sell its infrastructure and automotive business to Skyworks Solutions Inc for $2.75 billion, in a move that would let the chipmaker focus on its core business. Shares of Silicon Labs were halted in after hours trading, while Skyworks shares were up 3.8% at $190.47. Austin, Texas-based Silicon Labs has been in recent months focused on the internet-of-things market, selling wireless chips for smart home devices. The deal includes Silicon Labs power and isolation, timing and broadcast products, intellectual property and associated employees, the company said in a statement.

United statesStephen nellisNoor zainab hussainSilicon laboratories incSilicon labSkyworks solutions incLaboratories incSilicon labsTexas based silicon labsஒன்றுபட்டது மாநிலங்களில்ஸ்டீபன் நெல்லிஸ்நூர் ஜைநப் ஹுசைன்சிலிக்கான் ஆய்வகங்கள் இன்க்சிலிக்கான் ஆய்வகம்ஸ்கைவேர்க்ஸ் தீர்வுகள் இன்க்ஆய்வகங்கள் இன்க்

Silicon Labs to sell infrastructure and auto unit to Skyworks for $2 75 billion

(Corrects headline to say $2.75 billion, not $27.5 billion) (Reuters) -Silicon Laboratories Inc said on Thursday it would sell its infrastructure and automotive business to Skyworks Solutions Inc for $2.75 billion, in a move that would let the chipmaker focus on its core business. Shares of Silicon Labs were halted in after hours trading, while Skyworks shares were up 3.8% at $190.47. Austin, Texas-based Silicon Labs has been in recent months focused on the internet-of-things market, selling wireless chips for smart home devices. The deal includes Silicon Labs’ power and isolation, timing and broadcast products, intellectual property and associated employees, the company said in a statement.

United statesStephen nellisNoor zainab hussainSilicon laboratories incSilicon labSkyworks solutions incSilicon labsTexas based silicon labsஒன்றுபட்டது மாநிலங்களில்ஸ்டீபன் நெல்லிஸ்நூர் ஜைநப் ஹுசைன்சிலிக்கான் ஆய்வகங்கள் இன்க்சிலிக்கான் ஆய்வகம்ஸ்கைவேர்க்ஸ் தீர்வுகள் இன்க்சிலிக்கான் ஆய்வகங்கள்