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Synaptics buys certain Broadcom IoT assets in USD 250 mln cash deal

Wednesday 8 July 2020 | 09:00 CET | News
Synaptics has agreed to buy some of Broadcom's IoT assets and manufacturing rights for about USD 250 million in cash. Under the agreement, Synaptics will get certain rights to Broadcom's existing Wi-Fi, Bluetooth and GPS/GNSS products and business in the IoT market as well as future roadmap devices designed in advanced process nodes.

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Categories: IT / Mobile & Wireless
Companies: Broadcom / Synaptics
Countries: World
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