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0 0 0.000441371193173476 0.000441371193173476 0.000441371193173476 0.00049041243685951 -0.00294247462115636 -0.00294247462115636
Stock impact report

Silicon Labs Acquisition Is A Quiet Win For Texas Instruments [Seeking Alpha]

Silicon Laboratories, Inc. (SLAB) 
Last silicon laboratories, inc. earnings: 4/29 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: investor.silabs.com
Company Research Source: Seeking Alpha
The $7.5B acquisition price represents 9.55x trailing revenue and 78x trailing operating free cash flow, a strong outcome for SLAB shareholders. TXN expects $450M in annual synergies within three years, transforming SLAB from loss-making to meaningfully profitable under its umbrella. Both SLAB and TXN are rated hold; the deal is positive but current arbitrage and entry points are not compelling. ismagilov/iStock via Getty Images Normally a nice quiet fabless semiconductor play, Silicon Labs ( SLAB ) surged on Wednesday with an early earnings release that came with an announcement that they had agreed to be acquired by Texas Instruments ( This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Show less Read more
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