Analog Devices acquires Empower

Analog Devices has entered into a definitive agreement to acquire Empower Semiconductor for $1.5 billion.

The deal aims to bolster Analog's portfolio of power management solutions, specifically targeting the high-growth AI data center market.

Empower's technology is known for its extreme energy efficiency, a critical requirement for the massive compute clusters used in generative AI. The acquisition is expected to close later this year, pending regulatory approvals.