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Synaptics buys US chipmaker DSP to expand in low-power smart devices

Monday 30 August 2021 | 14:37 CET | News
Synaptics has agreed to buy US-based chipmaker DSP Group, as part of efforts to expand its portfolio of components for low-power smart devices. The company will pay USD 22 per DSP share in cash, a significant premium on DSP's previous closing share price of just over USD 14. The offer values DSP at around USD 532 million for all its outstanding shares. Both companies' boards have approved the deal.

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Categories: General
Companies: DSP Group / Synaptics
Countries: World
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