Flexible Electronics News

Synaptics to Acquire Chipset Specialist DSP Group

Further accelerates IoT diversification while strengthening wireless connectivity portfolio.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Synaptics Incorporated and DSP Group, Inc. announced the signing of a definitive agreement, unanimously approved by the boards of directors of both companies, whereby Synaptics acquires DSP Group, a leading global provider of voice and wireless chipset solutions for converged communications, at $22 per share in an all-cash transaction. The transaction is expected to be financed through a combination of cash on hand and a fully committed, incremental debt financing arrangement with a projected c...

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