Allegro MicroSystems completes acquisition of Crocus Technology for $420M

Allegro MicroSystems completed the acquisition of Crocus Technology, a leader in TMR sensor technology, for $420 million in cash. The acquisition accelerates Allegro's TMR roadmap and strengthens its position in magnetic sensing.

“Allegro MicroSystems, Inc. today announced that it has completed the acquisition of Crocus Technology, a leader in advanced TMR sensor technology, for $420 million in cash.”allegromicro.com

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• allegromicro.comAllegro MicroSystems Completes Acquisition of Crocus Technology to Accelerate Innovation in TMR Sensing Technology | Allegro MicroSystemsOct 30, 2023

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