Fortune India Explainer: Why LTM acquired Randstad’s IT services business in Europe and Australia - Fortune India
LTM→Randstad IT services business
May 25, 2026
Analog Devices has acquired Empower Semiconductor, a enterprise software business in the technology sector in the United States, for $1.5 billion. Analog Devices acquisitions focus on expanding AI power capabilities, and the Empower Semiconductor acquisition adds software and engineering expertise tied to power management and AI infrastructure. Empower Semiconductor supports enterprise customers with tools and platforms that help optimize compute efficiency, aligning with Analog Devices’ semiconductor and systems roadmap. This strategic acquisition is a merger acquisition announced as technology M&A, with Analog Devices as a strategic buyer pursuing a bolt-on style expansion of its AI portfolio. Deal terms and advisor details were not specified, and the expected close timing was not provided.
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Read full article on investor.analog.comvia GN - entered into definitive agreement · May 21, 2026
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