Synaptics is to buy  Broadcom’s Wi-Fi, Bluetooth and GPS/GNSS products and business in the IoT market for $250 million. Synaptics expects the transaction to add approximately $65 million in current annualized sales and provide significant revenue growth potential. The transaction is expected to be immediately accretive to Synaptics’ non-GAAP gross margins and non-GAAP earnings post-close. ...

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