Texas Instruments to Acquire Silicon Labs for $7.5 Billion

Texas Instruments (Texas Instruments) will acquire Silicon Labs in an all-cash transaction valued at about $7.5 billion, announced in a press release. Under the agreement, Silicon Labs shareholders will receive $231 per share. The boards of both companies have unanimously approved the deal, which is expected to close in the first half of 2027, subject to regulatory and shareholder approvals.

The acquisition will combine Texas Instruments’ analog and embedded processing portfolio with Silicon Labs’ wireless connectivity technologies. Texas Instruments plans to leverage its internal manufacturing capacity, including its U.S.-based 300mm wafer fabs, to integrate Silicon Labs’ product line and reduce reliance on external foundries.

The companies expect approximately $450 million in annual manufacturing and operational synergies within three years of closing. Texas Instruments said the acquisition should be accretive to its earnings per share in the first full year after completion, excluding transaction-related costs.