TXN Announces $7.5B Deal for Silicon Laboratories, SLAB Up 50% Pre-Market

[Para 1: The Lead] Texas Instruments (TXN-US) has finalized its acquisition of Silicon Laboratories (SLAB-US), a U.S.-based semiconductor design company, for $7.5 billion. The deal, aimed at deepening TI's presence in home appliances, power, industrial, and medical device markets, is scheduled for completion by the second half of 2027. Shares of Silicon Laboratories surged over 50% in pre-market trading, while Texas Instruments' stock fell 3.4% upon news release. [Para 2-3: Supporting details & Context] Under the terms, Texas Instruments will pay $231 per share in cash for Silicon Laboratories' common stock, a 69% premium over the closing price before the announcement. The transaction, valued at approximately $7.5 billion, is Texas Instruments' largest acquisition since its $6.5 billion purchase of National Semiconductor in 2011. Silicon Laboratories' products are widely used in smart home devices, industrial automation, battery storage, and commercial lighting. This acquisition strengthens Texas Instruments' position in wireless connectivity and foundational semiconductor markets, reflecting the company's continued focus on its core business. The deal includes a $259 million termination fee if Silicon Laboratories terminate the agreement and a $499 million fee if Texas Instruments back out.