Texas Instruments to Acquire Silicon Labs

Texas Instruments said in a joint press release on Feb. 4, 2026, that it will acquire Silicon Labs, combining Silicon Labs’ wireless-connectivity expertise with Texas Instruments’ analog chips and manufacturing to accelerate embedded wireless products and improve operational efficiency.

Deal Terms and Strategic Rationale

The companies signed a definitive agreement under which Texas Instruments will pay $231 per share in cash for Silicon Labs (SLAB), valuing the enterprise at about $7.5 billion, including cash and debt. Reports on Feb. 3 indicated the parties had been in advanced talks valuing the deal near $7 billion.

Silicon Labs, based in Austin, develops secure, intelligent wireless technology and mixed-signal solutions. Texas Instruments, headquartered in Dallas, designs and manufactures analog and embedded chips. The acquisition aims to strengthen Texas Instruments’ position in embedded wireless connectivity by combining Silicon Labs’ technology with Texas Instruments’ analog and embedded processing and manufacturing scale.

The companies expect the deal to generate about $450 million in annual manufacturing and operational synergies within three years after closing. They also plan to deepen customer engagement by pursuing cross-selling opportunities through Texas Instruments’ market channels.

Shareholder-rights firm Halper Sadeh LLC announced an investigation into whether the sale is fair to Silicon Labs’ shareholders, signaling immediate scrutiny of the transaction. The investigation follows the rapid progression from advanced talks to a signed agreement and highlights investor attention alongside the companies’ operational rationale.

The transaction is positioned to create a leader in embedded wireless solutions by linking Silicon Labs’ connectivity technology with Texas Instruments’ analog chips and factory scale. The realization of planned synergies and cross-selling will determine the deal’s impact on customers and shareholders.