Synaptics to Acquire DSP Group to Strengthen Leadership in Low Power AI Technology and Wireless Connectivity

Synaptics and DSP Group, both Nasdaq listed, announced the signing of a definitive agreement, unanimously approved by the boards of directors of both companies, whereby Synaptics acquires DSP Group at $22.00 per share in an all-cash transaction. Synaptics is the company from San Jose, CA, that in 2017 acquired Conexant, one of the industry's leading audio and voice technology specialists, and more recently acquired DisplayLink and the wireless connectivity business of Broadcom.

Synaptics Inc from San Jose, CA - the same company that in 2017 acquired Conexant, one of the industry's leading audio and voice technology specialists - expanded even more it's connectivity lead with the just concluded acquisition of DisplayLink Corp., a leading supplier of universal docking solutions and high-performance video compression technology. This strategic expansion of Synaptics business happens just a few days after the acquisition of assets and manufacturing rights associated with the wireless connectivity business of Broadcom.

Graphics technology provider, DisplayLink, announced a world first, connecting Four 4K p60 Ultra HD Monitors via a single USB connection at Computex 2016 using their latest DL-6000 series Docking Chipset. With this demonstration, DisplayLink introduces hardware and software solutions to enable easy connectivity between monitors and computing devices over standard USB interfaces.