Analog Devices to buy Empower Semiconductor for $1.5 billion to boost AI power portfolio
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Analog Devices will acquire Empower Semiconductor for $1.5 billion to enhance its AI power management portfolio. The deal aims to address power delivery challenges in AI applications. Empower's CEO highlighted the technology's role in overcoming power bottlenecks. The transaction is expected to close in the second half of 2026, pending regulatory approvals. Following the acquisition, Empower's CEO will lead voltage regulator technology at Analog Devices. Shares of Analog Devices rose 1.2% post-announcement.
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