Story perspectives

Analog Devices to buy Alif Semiconductor for $1.35B

9/10/2026

Summary

Story summary

Analog Devices Inc. will acquire Alif Semiconductor in an all-cash $1.35 billion transaction.
The deal may include up to $200 million in contingent additional payments.
Alif, based in Pleasanton, California, supplies power-efficient edge-AI microcontrollers and fusion processors.
Analog Devices expects the acquisition to close before the end of calendar year 2026.
The combination expands ADI’s addressable market into industrial, data-center, defense, energy, robotics, digital health, and wearables.

History

Historical Context

In 2015 Intel closed a $16.7 billion deal for Altera, giving it about 1,200 patents and boosting its programmable-logic revenue by 12 percent in 2016. The purchase built on a 2013 Intel-Altera foundry partnership that let Intel produce FPGA chips in its fabs, reflecting Intel’s shift from pure CPUs toward data-center and IoT logic after PC sales fell.

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Story summary

Analog Devices Inc. will acquire Alif Semiconductor in an all-cash $1.35 billion transaction.
The deal may include up to $200 million in contingent additional payments.
Alif, based in Pleasanton, California, supplies power-efficient edge-AI microcontrollers and fusion processors.
Analog Devices expects the acquisition to close before the end of calendar year 2026.
The combination expands ADI’s addressable market into industrial, data-center, defense, energy, robotics, digital health, and wearables.

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