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NXP completes USD 900 million divestment of MEMS sensors business to STMicroelectronics

NXP Semiconductors N.V. (NXP) has completed the sale of its MEMS sensors business to STMicroelectronics for USD 900 million in cash, subject to closing adjustments, with potential additional consideration of up to USD 50 million linked to technical milestones.
The transaction strengthens STMicroelectronics’ sensor po....

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