STMicroelectronics completes acquisition of NXP's MEMS business

STMicroelectronics has completed the acquisition of NXP Semiconductors' MEMS sensor business, strengthening its position in automotive safety and expanding its sensor portfolio for industrial applications. The operation, announced in July 2025, has already received all necessary regulatory approvals. It includes MEMS sensors for automotive safety, as well as other sensors for industrial markets. According to STMicroelectronics, the acquired business is expected to generate revenues of several tens of millions of dollars in the first quarter of 2026. When the transaction was announced last year, STMicroelectronics indicated the deal could be worth up to $950 million, based on performance targets. The acquisition is part of ST's strategy to expand its global sensor capabilities, with a particular focus on automotive safety systems and industrial applications