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Synaptics To Buy Broadcom’s Wireless IoT Business For $250 Million Synaptics To Buy Broadcom’s Wireless IoT Business For $250 Million
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Synaptics To Buy Broadcom’s Wireless IoT Business For $250 Million
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Old 8th July 2020, 12:05   #1
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Default Synaptics To Buy Broadcom’s Wireless IoT Business For $250 Million

Synaptics this afternoon is announcing that the firm is acquiring Broadcom’s wireless IoT business unit. The deal will see Synaptics acquire “certain rights” to Broadcom’s Wi-Fi, Bluetooth and GPS products for the IoT market, as well as in-development products and the business relationships themselves. The total bill for the transaction is set to be $250 million, which Synaptics will be paying entirely in cash.

https://www.anandtech.com/show/15901...or-250-million
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