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STMicroelectronics to strengthen position in sensors with acquisition of NXP’s MEMS sensors business

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STMicroelectronics (NYSE: STM) has announced its agreement to acquire NXP Semiconductors' MEMS sensors business for up to $950 million in cash, including $900 million upfront and $50 million tied to technical milestones. The acquisition targets NXP's MEMS business, which generated $300 million in revenue in 2024 with significantly accretive margins.

The strategic acquisition will strengthen ST's position in sensors across automotive, industrial, and consumer applications. NXP's MEMS portfolio primarily focuses on automotive safety sensors for airbags and vehicle dynamics, along with industrial pressure sensors and accelerometers. The transaction will leverage ST's Integrated Device Manufacturer model and is expected to be accretive to earnings per share upon completion.

The deal is anticipated to close in H1 2026, subject to regulatory approvals and customary closing conditions. The transaction will be financed through existing liquidity.

STMicroelectronics (NYSE: STM) ha annunciato l'accordo per acquisire il business dei sensori MEMS di NXP Semiconductors per un massimo di 950 milioni di dollari in contanti, comprensivi di 900 milioni di dollari iniziali e 50 milioni legati a obiettivi tecnici. L'acquisizione riguarda il business MEMS di NXP, che ha generato 300 milioni di dollari di ricavi nel 2024 con margini significativamente accrescitivi.

Questa acquisizione strategica rafforzerà la posizione di ST nel settore dei sensori per applicazioni automotive, industriali e consumer. Il portafoglio MEMS di NXP è principalmente focalizzato su sensori per la sicurezza automobilistica, come airbag e dinamiche del veicolo, oltre a sensori di pressione industriali e accelerometri. La transazione sfrutterà il modello Integrated Device Manufacturer di ST e si prevede che aumenterà l'utile per azione una volta completata.

La chiusura dell'accordo è prevista per la prima metà del 2026, soggetta alle approvazioni regolatorie e alle condizioni consuete di chiusura. Il finanziamento della transazione avverrà tramite la liquidità disponibile.

STMicroelectronics (NYSE: STM) ha anunciado su acuerdo para adquirir el negocio de sensores MEMS de NXP Semiconductors por hasta 950 millones de dólares en efectivo, incluyendo 900 millones por adelantado y 50 millones vinculados a hitos técnicos. La adquisición se centra en el negocio MEMS de NXP, que generó 300 millones de dólares en ingresos en 2024 con márgenes significativamente rentables.

Esta adquisición estratégica fortalecerá la posición de ST en sensores para aplicaciones automotrices, industriales y de consumo. El portafolio MEMS de NXP se enfoca principalmente en sensores de seguridad automotriz para airbags y dinámica vehicular, junto con sensores de presión industrial y acelerómetros. La transacción aprovechará el modelo Integrated Device Manufacturer de ST y se espera que sea beneficiosa para las ganancias por acción una vez completada.

Se anticipa que el acuerdo se cierre en el primer semestre de 2026, sujeto a aprobaciones regulatorias y condiciones habituales de cierre. La transacción se financiará con la liquidez existente.

STMicroelectronics (NYSE: STM)NXP Semiconductors의 MEMS 센서 사업을 최대 9억 5천만 달러에 현금으로 인수하기로 합의했다고 발표했습니다. 이 중 9억 달러는 선불로 지급되며, 5천만 달러는 기술적 이정표 달성에 따라 지급됩니다. 이번 인수 대상은 2024년에 3억 달러의 매출을 기록한 NXP의 MEMS 사업으로, 상당한 수익성을 보이고 있습니다.

이번 전략적 인수는 자동차, 산업 및 소비자용 센서 분야에서 ST의 입지를 강화할 것입니다. NXP의 MEMS 포트폴리오는 주로 에어백 및 차량 동역학용 자동차 안전 센서와 산업용 압력 센서 및 가속도계를 포함합니다. 이번 거래는 ST의 통합 디바이스 제조업체 모델을 활용하며, 완료 시 주당 순이익 증가에 기여할 것으로 예상됩니다.

거래는 규제 승인 및 일반적인 마감 조건을 거쳐 2026년 상반기에 완료될 예정입니다. 거래 자금은 기존 유동성으로 조달됩니다.

STMicroelectronics (NYSE : STM) a annoncé son accord pour acquérir le secteur des capteurs MEMS de NXP Semiconductors pour un montant pouvant atteindre 950 millions de dollars en espèces, comprenant 900 millions de dollars versés d'avance et 50 millions liés à des jalons techniques. Cette acquisition concerne le secteur MEMS de NXP, qui a généré 300 millions de dollars de revenus en 2024 avec des marges nettement bénéficiaires.

Cette acquisition stratégique renforcera la position de ST dans les capteurs pour les applications automobiles, industrielles et grand public. Le portefeuille MEMS de NXP se concentre principalement sur les capteurs de sécurité automobile pour airbags et dynamique du véhicule, ainsi que sur les capteurs de pression industriels et les accéléromètres. La transaction tirera parti du modèle Integrated Device Manufacturer de ST et devrait être bénéfique pour le bénéfice par action une fois finalisée.

La clôture de l'accord est prévue pour le premier semestre 2026, sous réserve des approbations réglementaires et des conditions habituelles de clôture. La transaction sera financée par la liquidité existante.

STMicroelectronics (NYSE: STM) hat die Vereinbarung bekannt gegeben, das MEMS-Sensor-Geschäft von NXP Semiconductors für bis zu 950 Millionen US-Dollar in bar zu übernehmen, davon 900 Millionen US-Dollar im Voraus und 50 Millionen US-Dollar an technische Meilensteine gebunden. Die Akquisition betrifft das MEMS-Geschäft von NXP, das im Jahr 2024 300 Millionen US-Dollar Umsatz mit deutlich wachstumsstarken Margen erzielte.

Die strategische Übernahme wird STs Position im Bereich Sensoren für Automobil-, Industrie- und Verbraucheranwendungen stärken. Das MEMS-Portfolio von NXP konzentriert sich hauptsächlich auf Fahrzeugsicherheitssensoren für Airbags und Fahrdynamik sowie auf industrielle Drucksensoren und Beschleunigungssensoren. Die Transaktion wird das Integrated Device Manufacturer-Modell von ST nutzen und soll den Gewinn je Aktie nach Abschluss steigern.

Der Abschluss des Deals wird für das erste Halbjahr 2026 erwartet, vorbehaltlich regulatorischer Genehmigungen und üblicher Abschlussbedingungen. Die Finanzierung erfolgt aus vorhandener Liquidität.

Positive
  • Acquisition adds $300 million in revenue with significantly accretive gross and operating margins
  • Strategic expansion of MEMS sensor portfolio in high-growth automotive safety and industrial markets
  • Transaction to be accretive to earnings per share from completion
  • Leverages existing customer relationships with automotive Tier1s
  • Strengthens ST's position in fast-growing MEMS automotive market
  • Will be financed through existing liquidity without additional debt
Negative
  • Significant cash outlay of up to $950 million
  • Integration risks with existing MEMS operations
  • Extended timeline to close (H1 2026)
  • Subject to regulatory approval risks

Insights

STM strengthens sensor position by acquiring NXP's MEMS business for $950M, adding $300M revenue with accretive margins and complementary automotive-industrial portfolio.

STMicroelectronics' acquisition of NXP's MEMS sensors business for up to $950 million represents a strategic consolidation that significantly enhances ST's sensor capabilities, particularly in the high-growth automotive safety segment. The deal structure includes $900 million upfront with $50 million tied to technical milestones, financed from existing liquidity.

The acquired business generates approximately $300 million in annual revenue with significantly accretive gross and operating margins compared to ST's current profile. This translates to an acquisition multiple of roughly 3.2x revenue, which appears reasonable given the margin profile and strategic fit. The complementary nature of the technologies should create opportunities to leverage ST's integrated device manufacturer (IDM) model across a broader product portfolio.

Most compelling is how this acquisition rebalances ST's MEMS portfolio toward higher-margin automotive and industrial applications. NXP's MEMS business focuses primarily on automotive safety sensors (both passive systems like airbags and active systems like vehicle dynamics control), along with pressure sensors and accelerometers for industrial applications. The automotive MEMS segment is projected to grow faster than the broader MEMS market, driven by increasing electronic content in vehicles for safety, electrification, and autonomous driving features.

This transaction strengthens ST's competitive position against rivals like Bosch, Infineon, and TDK's InvenSense division in the fragmented but consolidating MEMS market. The deal is expected to close in H1 2026, subject to regulatory approvals, and should be immediately accretive to earnings per share upon completion, indicating confidence in minimal integration challenges.

PR N°C3350C

STMicroelectronics to strengthen position in sensors
with acquisition of NXP’s MEMS sensors business

  • ST enters into agreement for acquisition of NXP’s MEMS sensor business for a purchase price of up to US$950 million in cash, including US$900 million upfront and US$50 million subject to the achievement of technical milestones
  • The MEMS businesses of ST and NXP are strongly complementary in terms of technology and product portfolio, with the combined product offering to be well balanced across automotive, industrial and consumer end markets
  • NXP’s MEMS Business generated revenue of about US$300 million in calendar year 2024 with gross and operating margins significantly accretive for ST
  • All-cash transaction to be financed from existing liquidity and expected to be accretive to ST Earnings Per Share from completion

Geneva, Switzerland, July 24, 2025 -- STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is strengthening its global sensors capabilities with the planned acquisition of NXP Semiconductors’ (NASDAQ: NXPI) MEMS sensors business, focused on automotive safety products as well as sensors for industrial applications. The transaction will complement and expand ST’s leading MEMS sensors technology and product portfolio, unlocking new opportunities for development across automotive, industrial and consumer applications.

The planned acquisition is a great strategic fit for ST,” says Marco Cassis, President, Analog, Power & Discrete, MEMS and Sensors Group of STMicroelectronics. “Together with ST’s existing MEMS portfolio, these highly complementary technologies and customer relationships, focused on automotive safety and industrial technologies, will strengthen our position in sensors across key segments in automotive, industrial and consumer applications. By leveraging our IDM model, with technology R&D, product design and advanced manufacturing, we will better serve all our customers worldwide.”

“NXP is a leading supplier of automotive MEMS based motion and pressure sensors, with a long history of strong customer adoption,” said Jens Hinrichsen, Executive Vice President and General Manager, Analog and Automotive Embedded Systems of NXP. “However, after careful portfolio review the company has decided the business does not fit into its long-term strategic direction. We have agreed with STMicroelectronics that the product line will fit ideally into ST’s portfolio, manufacturing footprint and strategic roadmap. We are gratified that the MEMS sensor team will have an excellent home and long-term future at ST.”

The MEMS sensors portfolio to be acquired by ST primarily targets automotive safety sensors, both passive (airbags) and active (vehicle dynamics), as well as monitoring sensors (TPMS1, engine management, convenience, and security). It also includes pressure sensors and accelerometers for industrial applications. ST is well-positioned to leverage strong, established customer relationships with automotive Tier1s with its innovation roadmap in a rapidly expanding MEMS automotive market. MEMS technologies increasingly enable advanced functionalities for safety, electrification, automation, and connected vehicles, paving the way for future revenue growth.

MEMS inertial sensors in Automotive are expected to grow at a faster pace than the broader MEMS market. The business to be acquired generated about 300m$ revenues in 2024 with gross and operating margin both significantly accretive for ST. It is also expected to be accretive to ST Earnings Per Share from completion.

The planned acquisition will enhance ST’s MEMS technology, product R&D capabilities and roadmap, with leading IP, technology and products for automotive safety applications and highly skilled R&D teams. The expanded business will take advantage of ST’s Integrated Device Manufacturer model for MEMS, which involves every stage of MEMS development, from design and manufacturing to testing and packaging, enabling faster innovation cycles and greater flexibility for customization.

STMicroelectronics and NXP have entered into a definitive transaction agreement for a purchase price of up to US$950 million in cash, including US$900 million upfront and US$50 million subject to the achievement of technical milestones. The transaction which will be financed with existing liquidity is subject to customary closing conditions, including regulatory approvals, and is expected to close in H1 2026.

Forward-looking Information

Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities Exchange Act of 1934, each as amended) that are based on management’s current views and assumptions, and are conditioned upon and also involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those anticipated by such statements due to, among other factors: 

  • changes in global trade policies, including the adoption and expansion of tariffs and trade barriers, that could affect the macro-economic environment and may directly or indirectly adversely impact the demand for our products;
  • uncertain macro-economic and industry trends (such as inflation and fluctuations in supply chains), which may impact production capacity and end-market demand for our products;
  • customer demand that differs from projections which may require us to undertake transformation measures that may not be successful in realizing the expected benefits in full or at all;
  • the ability to design, manufacture and sell innovative products in a rapidly changing technological environment;
  • changes in economic, social, public health, labor, political, or infrastructure conditions in the locations where we, our customers, or our suppliers operate, including as a result of macro-economic or regional events, geopolitical and military conflicts, social unrest, labor actions, or terrorist activities;
  • unanticipated events or circumstances, which may impact our ability to execute our plans and/or meet the objectives of our R&D and manufacturing programs, which benefit from public funding;
  • financial difficulties with any of our major distributors or significant curtailment of purchases by key customers;
  • the loading, product mix, and manufacturing performance of our production facilities and/or our required volume to fulfill capacity reserved with suppliers or third-party manufacturing providers;
  • availability and costs of equipment, raw materials, utilities, third-party manufacturing services and technology, or other supplies required by our operations (including increasing costs resulting from inflation);
  • the functionalities and performance of our IT systems, which are subject to cybersecurity threats and which support our critical operational activities including manufacturing, finance and sales, and any breaches of our IT systems or those of our customers, suppliers, partners and providers of third-party licensed technology;
  • theft, loss, or misuse of personal data about our employees, customers, or other third parties, and breaches of data privacy legislation;
  • the impact of IP claims by our competitors or other third parties, and our ability to obtain required licenses on reasonable terms and conditions;
  • changes in our overall tax position as a result of changes in tax rules, new or revised legislation, the outcome of tax audits or changes in international tax treaties which may impact our results of operations as well as our ability to accurately estimate tax credits, benefits, deductions and provisions and to realize deferred tax assets;
  • variations in the foreign exchange markets and, more particularly, the U.S. dollar exchange rate as compared to the Euro and the other major currencies we use for our operations;
  • the outcome of ongoing litigation as well as the impact of any new litigation to which we may become a defendant;
  • product liability or warranty claims, claims based on epidemic or delivery failure, or other claims relating to our products, or recalls by our customers for products containing our parts;
  • natural events such as severe weather, earthquakes, tsunamis, volcano eruptions or other acts of nature, the effects of climate change, health risks and epidemics or pandemics in locations where we, our customers or our suppliers operate;
  • increased regulation and initiatives in our industry, including those concerning climate change and sustainability matters and our goal to become carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027;
  • epidemics or pandemics, which may negatively impact the global economy in a significant manner for an extended period of time, and could also materially adversely affect our business and operating results;
  • industry changes resulting from vertical and horizontal consolidation among our suppliers, competitors, and customers;
  • the ability to successfully ramp up new programs that could be impacted by factors beyond our control, including the availability of critical third-party components and performance of subcontractors in line with our expectations; and
  • individual customer use of certain products, which may differ from the anticipated uses of such products and result in differences in performance, including energy consumption, may lead to a failure to achieve our disclosed emission-reduction goals, adverse legal action or additional research costs.

Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results and performance of our business to differ materially and adversely from the forward-looking statements. Certain forward-looking statements can be identified by the use of forward-looking terminology, such as “believes”, “expects”, “may”, “are expected to”, “should”, “would be”, “seeks” or “anticipates” or similar expressions or the negative thereof or other variations thereof or comparable terminology, or by discussions of strategy, plans or intentions.

Some of these risk factors are set forth and are discussed in more detail in “Item 3. Key Information — Risk Factors” included in our Annual Report on Form 20-F for the year ended December 31, 2024 as filed with the Securities and Exchange Commission (“SEC”) on February 27, 2025. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this press release as anticipated, believed or expected. We do not intend, and do not assume any obligation, to update any industry information or forward-looking statements set forth in this release to reflect subsequent events or circumstances.
Unfavorable changes in the above or other factors listed under “Item 3. Key Information — Risk Factors” from time to time in our Securities and Exchange Commission (“SEC”) filings, could have a material adverse effect on our business and/or financial condition.

About STMicroelectronics
At ST, we are 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud connected autonomous things. We are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027. Further information can be found at www.st.com.

For further information, please contact:

INVESTOR RELATIONS
Jérôme Ramel
EVP Corporate Development & Integrated External Communication
Tel: +41.22.929.59.20
jerome.ramel@st.com

MEDIA RELATIONS
Alexis Breton
Group VP Corporate External Communications
Tel: +33.6.59.16.79.08
alexis.breton@st.com


1 Tire Pressure Monitoring Systems.

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FAQ

How much is STMicroelectronics paying for NXP's MEMS sensor business?

STMicroelectronics is paying up to $950 million in cash, consisting of $900 million upfront and an additional $50 million subject to achieving technical milestones.

What revenue does NXP's MEMS sensor business generate?

NXP's MEMS sensor business generated approximately $300 million in revenue during calendar year 2024, with both gross and operating margins that are significantly accretive to ST.

What markets does the acquired MEMS sensor business serve?

The business primarily serves automotive safety sensors (both passive for airbags and active for vehicle dynamics), as well as industrial applications including pressure sensors and accelerometers.

When will STM complete the acquisition of NXP's MEMS business?

The acquisition is expected to close in H1 2026, subject to customary closing conditions and regulatory approvals.

How will STM finance the NXP MEMS sensor acquisition?

The all-cash transaction will be financed through ST's existing liquidity without requiring additional external funding.

What is the strategic benefit of this acquisition for STM?

The acquisition will strengthen ST's position in sensors across automotive, industrial, and consumer applications, while expanding its technology portfolio and R&D capabilities in MEMS sensors.
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