Global law firm DLA Piper served as lead legal advisor to Silicon Laboratories Inc. in its definitive agreement to be acquired by Texas Instruments Incorporated in an all-cash transaction valued at approximately US$7.5 billion.
The deal, announced on February 4, 2026, provides Silicon Laboratories stockholders with $231.00 in cash per share. The transaction has received unanimous approval from the boards of directors of both companies.
Silicon Laboratories is a provider of secure, intelligent wireless technology solutions. Texas Instruments is a global semiconductor company focused on the design, manufacture, and sale of analog and embedded processing chips.
DLA Piper’s deal team was led by John Gilluly, US Vice Chair and Head of the firm’s Transactional practices based in Austin. The core partner group included Viktor Sapezhnikov (New York), Joseph Fore (Austin), and Jeffrey Scharfstein (Austin).
The broader team comprised Partners Michelle Lara (San Diego), Jeff Aronson (Palo Alto), Brian Boyle (Washington DC), Georgia Jolink (Austin), Ronald Brown (Wilmington), Brian Hamano (Los Angeles), Jamie Knox (New York), Jennifer Kashatus (Washington DC), and Nicholas Klein (Washington DC); Of Counsels Andy Eklund (Washington DC) and Amanda Maki (Houston); and Associates Carina Meleca (New York), Destiny Harrison (Austin), Billy LaFortune (San Diego), Trevor Tesoriero (Austin), Becca Xu (San Diego), Glen Williams (San Francisco), and William Kirton (Miami).
The acquisition is expected to close in the first half of 2027, subject to customary closing conditions including approval by Silicon Laboratories stockholders and receipt of required regulatory approvals. Texas Instruments intends to fund the transaction using a combination of existing cash and debt financing, with no financing contingency attached.
DLA Piper maintains more than 1,000 corporate lawyers worldwide and has been ranked number one in global M&A volume for 16 consecutive years according to Mergermarket. The firm is also ranked number one in combined global deal volume for venture capital, private equity, and M&A according to PitchBook.
