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Indie Semiconductor completed the acquisition of Symeo GmbH from Analog Devices for $30.4 million on January 4, 2022. The consideration included cash, a promissory note, and an equity-based earn-out.
indie Semiconductor executed a definitive agreement to acquire Symeo GmbH, Analog Devices' Munich-based radar division, including approximately 35 team members and 120 radar-related patents.