5069-L450ERMW $420 million acquisition of TMR sensing technology
Allegro MicroSystems (Allegro), a global leader in sensing and power semiconductor solutions for motion control and energy saving systems, announced that it has signed a definitive agreement to acquire Crocus technology (Crocus) for $420 million. The acquisition of Crocus, a privately held company and leader in advanced tunnel reluctance sensor technology, will bring to Allegro…