M&A
confidence high
sentiment positive
materiality 0.75
Texas Instruments to acquire Silicon Labs for $7.5B; $231/share cash
TEXAS INSTRUMENTS INC
- All-cash deal valued at ~$7.5B enterprise value; $231.00 per share to SLAB holders.
- Expected to generate ~$450M annual manufacturing and operational synergies within three years post-close.
- Combines TI's manufacturing and channel with SLAB's wireless connectivity portfolio; expected to be accretive to EPS in first full year.
- Transaction expected to close in first half 2027, subject to regulatory approvals and SLAB stockholder approval.
- TI to fund with cash and debt; no financing contingency; TI reaffirms capital return strategy.