Texas Instruments to Acquire Silicon Labs for $231 Per Share

Deal aims to accelerate TI's embedded processing strategy and expand wireless connectivity offerings.

Feb. 4, 2026 at 9:39am

Texas Instruments (NASDAQ:TXN) announced an agreement to acquire Silicon Labs in a strategic move to strengthen its embedded processing and wireless connectivity capabilities. The $231 per share cash deal is expected to generate over $450 million in annual manufacturing and operational synergies within three years of closing.

Why it matters

The acquisition will allow Texas Instruments to expand its portfolio of embedded wireless solutions and leverage Silicon Labs' engineering expertise and product breadth. It also provides manufacturing advantages by integrating Silicon Labs' operations into TI's internal facilities and processes.

The details

Texas Instruments CEO Haviv Ilan said the deal will add 1,200 additional products to TI's portfolio, supporting multiple wireless standards. Silicon Labs CEO Matt Johnson described TI as an 'ideal partner' to accelerate Silicon Labs' growth, noting that roughly 70% of its employees are engineers focused on industrial applications. TI plans to transfer Silicon Labs' manufacturing from external foundries to its own low-cost 300mm wafer fabs and internal assembly/test facilities.

  • The transaction is expected to close in the first half of 2027, subject to regulatory approvals and Silicon Labs shareholder approval.
  • TI expects to achieve over $450 million in annual manufacturing and operational synergies within three years after closing.

The players

Texas Instruments Inc

A global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips for a wide range of end markets.

Silicon Labs

A company that provides wireless connectivity solutions and embedded processing products, with a focus on industrial applications.

Haviv Ilan

Chairman, President, and CEO of Texas Instruments.

Matt Johnson

CEO of Silicon Labs.

Rafael Lizardi

CFO of Texas Instruments.

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