STMicroelectronics $(STM)$, a leader in the semiconductor industry, has announced its planned acquisition of NXP Semiconductors' $(NXPI)$ MEMS sensors business. The acquisition, valued at up to US$950 million in cash, is aimed at enhancing ST's global sensor capabilities, particularly in automotive safety and industrial applications. This strategic move will expand ST's leading MEMS sensor technology and product portfolio, facilitating further development in automotive, industrial, and consumer markets. The transaction is expected to be completed in the first half of 2026, pending customary closing conditions and regulatory approvals. STMicroelectronics highlighted that the acquisition will leverage its Integrated Device Manufacturer model, aimed at accelerating innovation and customization in MEMS development.
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