WiFi

Synaptics this afternoon is announcing that the firm is acquiring Broadcom’s wireless IoT business unit. The deal will see Synaptics acquire “certain rights” to Broadcom’s Wi-Fi, Bluetooth and GPS products for the IoT market, as well as in-development products and the business relationships themselves. The total bill for the transaction is set to be $250 million, which Synaptics will be paying entirely in cash. One of the tech industry’s biggest controller suppliers, in the consumer space Broadcom is generally best known (or at least most visible) for its wireless products. The various iterations of the company have produced a number of controllers and chipsets for Wi-Fi, Bluetooth, and other wireless technologies, which have shown up in everything from PCs and smartphones to game consoles and...