June 12, 2017 / 8:59 PM / a month ago

BRIEF-Synaptics to buy Conexant Systems and multimedia solutions business of Marvell Technology

1 Min Read

June 12 (Reuters) - Synaptics Inc

* Synaptics accelerates consumer iot strategy with acquisitions of conexant systems, llc and multimedia solutions business of marvell technology group

* Synaptics inc says expects transaction to be accretive to its non-gaap earnings per share in first year following close

* Synaptics inc says intends to fund transactions through a combination of cash and debt financing

* Synaptics inc says also announced signing of a definitive agreement to acquire multimedia solutions business of marvell technology group Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below