Synaptics to acquire DSP Group for $538m.

Synaptics, a publicly owned San Jose, California-based developer of human interface hardware and software, agreed to acquire DSP Group, a provider of chipsets for VoIP, multimedia, and digital cordless applications, for $538m. "We continue to invest in technologies that tilt our product mix toward IoT applications. DSP Group's expertise in SmartVoice and ULE wireless solutions, coupled with Synaptics' leadership position in far-field speech recognition and IoT directed Wi-Fi/BT combos enables us to deliver increasingly differentiated solutions to our combined customer base, while positioning us to lead the transition to AI enabled devices at the edge of the network," Michael Hurlston, Synaptics President and CEO.