STMicroelectronics acquires NXP's microelectromechanical sensors business for $950 million
The acquisition will strengthen STMicroelectronics' position in automotive and industrial MEMS markets, enhancing R&D capabilities and growth opportunities
STMicroelectronics, a global semiconductor company, is enhancing its global sensor capabilities by acquiring the microelectromechanical sensors (MEMS) business of NXP Semiconductors.
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