Texas Instruments announced that it has signed a definitive agreement to acquire Silicon Labs in an all-cash transaction valued at approximately $7.5 billion, or $231.00 per share.

The deal is aimed at strengthening Texas Instruments’ position in embedded wireless connectivity by combining Silicon Labs’ mixed-signal and secure wireless portfolio with TI’s analog and embedded processing capabilities and internally owned manufacturing footprint. The combined company is expected to benefit from deeper customer engagement, broader market access, and cross-sell opportunities, while leveraging TI’s low-cost, dependable manufacturing capacity to reshore Silicon Labs’ production.

Texas Instruments expects the transaction to generate around $450 million in annual manufacturing and operational synergies within three years after closing and to be accretive to earnings per share in the first full year post-close, excluding transaction-related costs. The acquisition is expected to close in the first half of 2027, subject to regulatory approvals and Silicon Labs shareholder approval.

Source: Texas Instruments and Silicon Labs (PRNewswire)