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Analog Devices Completes Sale Of Product Lines

Chip maker sold its CPU voltage regulation and PC thermal monitoring product lines to ON Semiconductor Corp. for $184 million.

NORWOOD, Mass. (AP) — Chip maker Analog Devices Inc. said Wednesday it completed the approximately $184 million sale of its CPU voltage regulation and PC thermal monitoring product lines to ON Semiconductor Corp.
 
The purchase price includes the two lines, related intellectual property and funds paid under a one-year manufacturing supply deal.
 
Analog said it will record a one-time first-quarter gain related to the sale, which was cleared by antitrust regulators last month.
 
Voltage regulators control the flow of electricity into computer processors during gaming applications, while thermal monitoring products regulate internal computer temperatures.
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