February 5, 2026 /SemiMedia/ — Texas Instruments said it will acquire Silicon Labs in an all-cash deal valued at about $7.5 billion, adding embedded wireless connectivity chips to its analog and processing portfolio as it pushes deeper into industrial and IoT markets.

Under the agreement, Silicon Labs shareholders will receive $231 per share. The transaction, approved by both boards, is expected to close in the first half of 2027, subject to regulatory and shareholder approvals.

The deal brings roughly 1,200 wireless products into Texas Instruments’ lineup, covering standards such as Bluetooth, Sub-GHz and other low-power connectivity technologies used in smart home, factory automation and edge devices.

Texas Instruments said it plans to move parts of Silicon Labs’ production from external foundries to its own manufacturing network over time. The company operates 300mm wafer fabs in the United States along with in-house assembly and test facilities, and said its 28nm process technology is already suited for wireless chip production.

The chipmaker expects the integration to improve supply reliability while lowering long-term manufacturing costs. Texas Instruments estimates the acquisition could deliver about $450 million in annual manufacturing and operational savings within three years after closing.

Silicon Labs has focused in recent years on embedded wireless solutions, benefiting from rising demand for connected devices. Texas Instruments said combining that portfolio with its global sales channels and direct customer relationships should help expand market reach and increase cross-selling opportunities.