indie Semiconductor to Acquire Analog Devices' Symeo Radar Division

October 25, 2021

indie Semiconductor has signed a definitive agreement to purchase Analog Devices' Munich-based Symeo GmbH radar division. The carve-out acquisition adds radar hardware and software engineering capabilities to support ADAS and autonomous vehicle safety systems, with the deal pending customary closing conditions including German regulatory approval.

Buyers
indie Semiconductor, Inc.
Targets
Symeo GmbH
Sellers
Analog Devices, Inc.
Location
Germany
Transaction Type
Buyout

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