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Silicon Labs sells to Skyworks Solutions in $2.75 billion deal

Silicon Labs sells to Skyworks Solutions in $2.75 billion deal
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Austin's Silicon Labs sells off business unit in $2.75 billion deal

Austin s Silicon Labs sells off business unit in $2.75 billion deal
Kara Carlson, Austin American-Statesman
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Austin-based Silicon Labs is selling its infrastructure and automotive business to a California-based semiconductor manufacturer for $2.75 billion.
Silicon Labs said it is selling the division to Irvine California-based Skyworks Solutions, which primarily manufacturers semiconductors for radio frequency and mobile communications systems, in an all-cash transaction. The deal is expected to close in the company s third quarter.
Silicon Labs said the divestment will allow it to focus on its growing Internet of Things business.
Silicon Labs primarily designs and manufactures semiconductors and other silicon devices, and has increasingly focused on its wireless chips, which are used by customers to build Internet of Things products. About 770 of its 1,00 employees are based in Austin. ....

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CNN Fareed Zakaria GPS May 17, 2015 17:48:00

To just a few drops. i ll let her explain. people don t like big needles being stuck in their arms. and so part of our work has been reporter: so because they don t like that, they tend to not have their blood tested often enough? exactly. exactly. reporter: i mean, your basic thesis is that if we could have much more testing of blood, we would find out about these diseases or potential diseases much earlier. exactly. reporter: so why do we give so much blood? i think everyone who s ever had a blood test does wonder, why do you need so much blood to, you know, figure out your cholesterol or whatever it is? the whole system has been designed around that. so since really the 1960s when the clinical lab infrastructure began to develop, we ve had this infrastructure that s very similar to what you see in mainframe computing where you have highly centralized, very big analytical instruments which require that much blood. and therefore, people have had to take tubes and tubes ....

Blood Test , Lab Infrastructure , Mainframe Computing ,

CNN Fareed Zakaria GPS May 17, 2015 14:48:00

Diseases or potential diseases much earlier. exactly. reporter: so why do we give so much blood? i think everyone who s ever had a blood test does wonder why do you need so much blood to you know figure out your cholesterol or whatever it is? the whole system has been designed around that. so since really the 1960s when the clinical lab infrastructure began to develop we ve had this infrastructure that s very similar to what you see in mainframe computing where you have highly centralized, very big analytical instruments which require that much blood. and therefore, people have had to take tubes and tubes every time they do a blood draw. because you can t, one, the chemistryies that have been designed without it. reporter: and how did you make it though? that you can find all this oughtt so easily with one drop of ....

Blood Test , Lab Infrastructure , Mainframe Computing , Blood Draw ,