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Updated: 19-May-26 16:04 ET

ADI: Analog Devices enters into definitive agreement to acquire Empower in all-cash transaction valued at $1.5 bln (414.31 -4.27)

Co and Empower Semiconductor announce that they have entered into a definitive agreement under which ADI will acquire Empower in an all-cash transaction for $1.5 bln.
Together, ADI and Empower will help shape the power delivery architecture for AI and other compute-intensive applications. By enabling power conversion closer to the processor, the combined solution shortens the power delivery path and improves efficiency to support higher-performance, higher-density systems.
Building on its leadership in high-performance power management, ADI is investing in its system-level platform to deliver a step-change in performance, density, and efficiency from grid to core.
The transaction is expected to close in the second half of calendar year 2026, subject to customary closing conditions and the expiration of the applicable waiting period (and any extension thereof) under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.