NasdaqGS:ADISemiconductor
Analog Devices Buy Of Empower Targets Bigger Role In AI Power
Analog Devices (NasdaqGS:ADI) announced a $1.5b deal to acquire Empower Semiconductor.
The acquisition is aimed at expanding ADI's AI focused power management portfolio.
The move is intended to deepen ADI's reach into AI infrastructure and data center power solutions.
Analog Devices enters this transaction with the stock at $428.76 and very large multi year share gains, including a 99.3% return over the past year and 178.9% over five years. The company has also recorded a 56.6% return year...