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Silicon Labs Completes Divestiture of Infrastructure & Automotive Business

Silicon Labs Completes Divestiture of Infrastructure & Automotive Business

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AUSTIN, Texas, July 26, 2021 /PRNewswire/ — Silicon Labs (NASDAQ: SLAB) announced today the completion of the divestiture of its Infrastructure & Automotive business to Skyworks Solutions (NASDAQ: SWKS) for $2.75 billion in an all-cash asset transaction. “I thank the dedicated team at both companies for executing a transformative transaction,” said Silicon Labs CEO Tyson Tuttle.

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