➀ STMicroelectronics (ST) plans to acquire NXP’s MEMS sensor business for up to $950 million, with $900 million upfront and $50 million tied to technical milestones.
➁ The acquisition combines complementary MEMS technologies, enhancing ST’s portfolio across automotive safety, industrial, and consumer markets, leveraging ST’s IDM model for faster innovation.
➂ NXP’s MEMS division generated $300 million in 2024 revenue, with margins accretive to ST; the deal is expected to boost ST’s EPS and strengthen its position in automotive sensors and advanced MEMS applications.