# Synaptics to acquire Broadcom's wireless IoT business for $250M

Synaptics signed definitive agreements to acquire certain assets and manufacturing rights associated with Broadcom's wireless IoT business for approximately $250 million in an all-cash transaction. The deal includes Wi-Fi, Bluetooth and GPS/GNSS products.

- Type: Acquisition
- Announced: 2020-07-07
- Where: San Jose, California, United States
- Value: $250.0M
- Status: announced
- Products: Wi-Fi, Bluetooth, GPS/GNSS products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Broadcom](https://endata.com/companies/19514.md) (target)
- [Synaptics](https://endata.com/companies/24839.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/817720/000119312520188803/d61205dex991.htm), 2020-07-07: "Synaptics will acquire certain rights to Broadcom’s existing Wi-Fi, Bluetooth and GPS/GNSS products and business in the IoT market as well as future roadmap devices designed in advanced process nodes."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.