Synaptics buys DisplayLink

Synaptics has bought video compression specialist DisplayLink for $305 million in an all-cash transaction. The deal is expected to close in Synaptics’ first quarter of fiscal year 2021, subject to customary closing conditions, and be financed from existing cash on hand. Synaptics expects the transaction to add approximately $94million in annualised sales and be immediately accretive to non-GAAP ...

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