InvenSense, Inc. (NYSE: INVN), the leading provider of MotionTracking™ system on chip devices and Analog Devices, Inc. (NASDAQ:ADI), announced that the companies have entered into a definitive purchase agreement for InvenSense to acquire all of the assets of ADI that are exclusively related to ADI's MEMS microphone business line (MBL) including intellectual property, goodwill and certain tangible and intangible assets. InvenSense will also assume certain specified liabilities of ADI related to the MBL.
The acquisition of ADI's MBL is expected to accelerate InvenSense's audio roadmap and complement its current MEMS System on Chip (SoC) product offerings at existing mobile, gaming
The acquisition of ADI's MBL is expected to accelerate InvenSense's audio roadmap and complement its current MEMS System on Chip (SoC) product offerings at existing mobile, gaming
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