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Acquisition
6 Months Ended
Jul. 03, 2021
Acquisition  
Acquisition

7. Acquisition

Redpine Signals

On April 28, 2020, the Company acquired the Wi-Fi® and Bluetooth® business of Redpine Signals for $316.8 million in cash. This strategic acquisition accelerated the Company’s roadmap for Wi-Fi and Bluetooth silicon and software solutions, while further scaling the Company’s engineering team.