Analog Devices to Acquire Alif Semiconductor for $1.35 Billion

Key Facts

1Analog Devices agreed to acquire Alif Semiconductor for $1.35 billion in upfront cash plus an additional $200 million in contingent consideration.

2The acquisition aims to integrate AI-native processing into ADI's sensing and power portfolio to enhance its 'Physical Intelligence' capabilities.

3The deal is expected to close by the end of calendar 2026, following ADI's strong fiscal third-quarter performance.

Analog Devices agreed to acquire Alif Semiconductor for $1.35 billion in upfront cash plus an additional $200 million in contingent consideration. Kalkine reported that the acquisition aims to integrate AI-native processing into ADI's sensing and power portfolio. The deal is expected to close by the end of calendar 2026, following ADI's strong fiscal third-quarter performance.

ADI closed at $395.43 on September 28, 2026, with the stock trading between a day low of $388.13 and a high of $396.07 during that session. Through this investment, the company seeks to bolster its "Physical Intelligence" capabilities by combining Alif's microcontrollers with its own analog and sensing technologies to meet growing demand for edge AI.