Allegro Microsystems To Acquire Crocus Technology To Accelerate Innovation In Tmr Sensing Technology
Allegro Microsystems To Acquire Crocus Technology To Accelerate Innovation In Tmr Sensing Technology
08/08/23, 10:05 AM
Location
manchestersanta claraIndustry
manufacturing
Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor technology for motion control and energy efficient systems, today announced that it has signed a definitive agreement to acquire Crocus Technology (“Crocus”) for $420 million in cash.
Company Info
Location
Manchester, New Hampshire, United States
Company info
Allegro MicroSystems (Nasdaq: ALGM) is redefining the future of sensing and power technologies. From clean energy to advanced mobility and motion control systems, our team is passionate about developing intelligent solutions that move the world forward and give our customers a competitive edge. With global engineering, manufacturing and support, Allegro is a trusted partner to both large enterprises and regional market leaders worldwide. Visit www.allegromicro.com.
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