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Silicon Labs Announces Agreement to Divest Infrastructure and Automotive Business Company to Become Pure-Play Leader of Intelligent, Wireless Connectivity for the IoT News provided by Share this article Highlights:   Skyworks Solutions will acquire the Infrastructure and Automotive business of Silicon Labs for $2.75 billion  Transaction accelerates company s IoT market leadership and growth   Silicon Labs intends to return approximately $2.0 billion to shareholders post-closing  Strategic transaction unlocks significant shareholder value   Silicon Labs (NASDAQ: SLAB) announced today the company has entered into a definitive asset purchase agreement to sell its Infrastructure & Automotive (I&A) business to Skyworks Solutions, Inc. (NASDAQ: SWKS) for $2.75 billion in all-cash consideration. The transaction includes Silicon Labs power/isolation, timing and broadcast products, intellectual property and associated employees. Silicon Labs an

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