Analog Devices, Inc. announced a definitive agreement to acquire Alif Semiconductor in an all-cash transaction valued at $1.35 billion, with potential contingent consideration of up to $200 million. The acquisition aims to integrate Alif's AI-native microcontrollers and fusion processors into Analog Devices' portfolio to advance its 'Physical Intelligence' strategy for edge computing applications. The deal has been approved by both boards and is expected to close in the fourth quarter of 2026, subject to customary closing conditions including Hart-Scott-Rodino antitrust review. Analog Devices operates as a global semiconductor leader providing analog, digital, AI, and software technologies for intelligent edge solutions.
