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-0.0172092356231178 -0.0159185429513839 -0.0129069267173384 -0.0172092356231178 -0.0215115445288972 -0.0271045461064104 -0.0516277068693531 -0.0377169080739996
Stock impact report

Synaptics Snaps Up AVGO Wireless IoT Rights; Analyst Upgrades Stock [Yahoo! Finance News]

Synaptics Incorporated (SYNA) 
Last synaptics incorporated earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.synaptics.com/node/5806
Synaptics Inc SYNAAVGOUnder the terms of the agreements, Synaptics will acquire certain rights to Broadcom’s existing Wi-Fi, Bluetooth and GPS/GNSS products and business in the IoT market as well as future roadmap devices designed in advanced process nodes.According to Synaptics, the deal strengthens and accelerates its position in the fast-growing consumer IoT market. It expects the transaction to add $65 million in current annualized sales and provide significant revenue growth potential.“Expanding our offering in the high growth IoT market has been one of the major focus areas for Synaptics and the addition of best-in-class wireless connectivity technology to our portfolio significantly enhances our overall position,” said Michael Hurlston, CEO of Synaptics.“This acquisition complements Synaptics’ ability to sell into a broad range of devices such as IP cameras, smart displays, speakers, home automation, and gaming consoles – all of which require cutting-edge technologies including Show less Read more
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