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The purchase price is up to US$950 million in cash.
July 29, 2025
By: David Savastano
Editor
STMicroelectronics is strengthening its global sensors capabilities with the planned acquisition of NXP Semiconductors’ MEMS sensors business, focused on automotive safety products as well as sensors for industrial applications. The business to be acquired generated about $300 million in revenues in 2024 with gross and operating margin both significantly accretive for ST. STMicroelectronics and NXP have entered into a definitive transaction agreement for a purchase price of up to US$950 m...
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