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Allegro MicroSystems Acquires Crocus Technology

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Allegro MicroSystems to acquire Crocus Technology

Allegro MicroSystems has signed a definitive agreement to acquire Crocus Technology for USD 420 million in cash as the company looks to accelerate innovation in TMR sensing technology.

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Allegro MicroSystems to Acquire Crocus Technology to Accelerate Innovation in TMR Sensing Technology

Allegro MicroSystems to Acquire Crocus Technology to Accelerate Innovation in TMR Sensing Technology
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Allegro MicroSystems to Acquire Crocus Technology to Accelerate Innovation in TMR Sensing Technology

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Zack deiriVineet nargolwalaClean energyAllegro microsystems incCrocus technologyTunnel magnetoresistanceMagnetic sensors

Allegro buys Crocus

Crocus Technology, the Tunnel Magnetoresistance (TMR) sensor specialist, has been bought by Allegro MicroSystems for $420 million in cash. “This highly

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