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.

At a one day industry summit focused on the Amazon Alexa Voice Service (AVS), Libre Wireless Technologies, announced “MAVID,” an entirely new embedded voice enabled multiprotocol wireless connectivity and IoT platform. This ultra low power and incredibly small new device incorporates a complete hardware and software solution for embedded voice, IoT, audio and wireless connectivity. The new Libre platform will enable OEMs and ODMs to build unique voice-enabled products.