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Explain this story: Analog Devices stock after-hours at EUR 351.55: minus 0.09 percent versus prior close
Analog Devices (ADI) stock traded after-hours at EUR 351.55, down 0.09 percent from its prior close. This comes after the company announced on September 9 that it agreed to acquire Alif Semiconductor for an upfront consideration of USD 1.35 billion, with potential for an additional USD 200 million. The acquisition aims to combine Analog Devices' capabilities with Alif's AI-native microcontrollers and fusion processors, and is expected to close by the end of 2026.
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Analog Devices (ADI) stock traded after-hours at EUR 351.55, down 0.09 percent from its prior close. This comes after the company announced on September 9 that it agreed to acquire Alif Semiconductor for an upfront consideration of USD 1.35 billion, with potential for an additional USD 200 million. The acquisition aims to combine Analog Devices' capabilities with Alif's AI-native microcontrollers and fusion processors, and is expected to close by the end of 2026.
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Published Sep 30, 2026, 18:52 ET · on this site +2h 16m