Analog Devices to buy Alif Semiconductor for $1.35 billion

Analog Devices

09/09/2026 13:54

Sept 9 (Reuters) - Analog Devices ADI.O will acquire privately held Alif Semiconductor for $1.35 billion in cash, the companies said on Wednesday, expanding ADI's on-device capabilities as AI applications increasingly move into physical systems.
The acquisition would combine ADI's sensing, signal-processing and power-management technologies with Alif's AI processors, allowing customers to build systems that can analyze and respond in real time. 

Here are some more details:
Pleasanton, California-based Alif develops low-power processors that combine AI computing, data from sensors, connectivity and security functions for consumer and industrial applications.
Under the agreement, analog chipmaker ADI will pay Alif $1.35 billion upfront and could make additional contingent payments of up to $200 million.
Alif's chips are already shipping and have secured customers in the consumer and industrial sectors.
PJT Partners and Qatalyst Partners are financially advising ADI and Alif on the deal, respectively.
Last month, Wilmington, Massachusetts-based ADI forecast fourth-quarter revenue and profit above Wall Street estimates, after reporting a 40% rise in its third-quarter revenue.

 (Reporting by Anhata Rooprai in Bengaluru; Editing by Shreya Biswas)
 ((Anhata.Rooprai@thomsonreuters.com))