STMicroelectronics to Acquire NXP Semiconductors’ MEMS Sensor Business
Geneva, Switzerland & Eindhoven, Netherlands – [Date] – STMicroelectronics (ST) and NXP Semiconductors N.V. (NXP) today announced a significant agreement under which STMicroelectronics will acquire NXP’s magnetoresistive sensor (MRAM) business. This strategic transaction is set to strengthen ST’s position as a leading provider of advanced sensor solutions and further enhance its comprehensive portfolio for a wide range of burgeoning markets.
The acquisition, slated for completion in the [Specify Quarter/Month, e.g., first half of 2025], subject to customary closing conditions, will see STMicroelectronics integrate NXP’s established MEMS sensor technologies and related intellectual property into its own burgeoning sensor business. NXP’s magnetoresistive sensors are renowned for their high performance, low power consumption, and exceptional precision, making them critical components in an array of sophisticated applications. These include automotive, industrial automation, Internet of Things (IoT) devices, and consumer electronics, where accurate and reliable sensing is paramount.
This move aligns perfectly with STMicroelectronics’ long-term strategy to provide a broad and deep offering of sensor technologies that enable intelligent and connected systems. By incorporating NXP’s advanced magnetoresistive sensor capabilities, ST will be well-positioned to address the growing demand for innovative solutions that drive efficiency, safety, and enhanced user experiences across these diverse sectors.
“We are delighted to welcome NXP’s talented team and cutting-edge magnetoresistive sensor technologies into STMicroelectronics,” said [Name and Title of ST Spokesperson, e.g., Jean-Marc Chery, President and CEO of STMicroelectronics]. “This acquisition represents a significant step forward in our mission to be a comprehensive partner for our customers in the rapidly expanding sensor market. NXP’s expertise in MRAM technology is highly complementary to our existing strengths in MEMS and will enable us to accelerate the development of next-generation sensing solutions that will shape the future of mobility, connectivity, and sustainability.”
NXP Semiconductors, a global leader in automotive and secure connectivity solutions, stated that this divestiture allows them to sharpen their strategic focus on their core automotive and IoT business areas.
“[Name and Title of NXP Spokesperson, e.g., Kurt Sievers, President and CEO of NXP Semiconductors] commented, ‘This transaction is a positive development for both NXP and STMicroelectronics. By divesting our magnetoresistive sensor business, we are able to further concentrate our resources and efforts on our strategic priorities in automotive processing and secure connectivity, areas where we see tremendous growth opportunities. We are confident that STMicroelectronics will provide an excellent home for these advanced technologies and the dedicated team that has driven their innovation.'”
The integration of NXP’s MEMS sensor business is expected to create significant synergies, allowing ST to leverage its extensive global manufacturing, R&D, and sales and marketing infrastructure to bring these innovative products to a broader customer base. The combined entity is poised to deliver enhanced value to customers seeking high-performance, integrated sensor solutions for increasingly complex applications.
The financial terms of the transaction have not been disclosed. This strategic acquisition underscores STMicroelectronics’ commitment to innovation and its ambition to lead in the rapidly evolving landscape of advanced sensor technologies.
ST to buy NXP’s MEMS sensor business
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Electronics Weekly published ‘ST to buy NXP’s MEMS sensor business’ at 2025-07-25 10:35. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.