Silicon Labs stock jumps on Texas Instruments’ $7.5 billion buyout deal at $231 a share
Texas Instruments agreed to acquire Silicon Labs for $231 per share in cash, a 69% premium over Silicon Labs’ last unaffected closing price. Silicon Labs shares surged 48% to $202.46 after the announcement. The $7.5 billion deal is expected to close in the first half of 2027. Silicon Labs canceled its Feb. 10 earnings call and paused guidance due to the pending transaction.