Analog Devices agreed to acquire Alif Semiconductor for $1.35 billion in cash, plus possible contingent consideration, to expand its edge-AI processing portfolio.

Analog Devices is acquiring Alif Semiconductor in a deal worth up to $1.55 billion, bringing cutting-edge AI processing power directly to devices instead of the cloud. The move is part of a broader push toward what the company calls Physical Intelligence, systems that can sense, reason, and act in real time. This is the second major AI acquisition from Analog Devices this year alone, signaling a race to dominate the hardware behind the AI revolution. https://qz.com/analog-devices-alif-semiconductor-acquisition-edge-ai-090926