Analog Devices (ADI) and Alif Semiconductor announced on September 9, 2026 that they have entered into a definitive agreement under which ADI will acquire Alif, a developer of power-efficient edge AI microcontrollers and fusion processors, in an all-cash transaction for $1.35 billion, with up to $200 million in additional contingent consideration. The joint announcement was datelined Wilmington, Massachusetts, and Pleasanton, California. The companies characterized Alif as redefining edge…