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Nordic Semiconductor Eyes Acquisition of Novelda

Nordic Semiconductor Eyes Acquisition of Novelda

Nordic Semiconductor ASA (GB:0FF9) has released an update.

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Nordic Semiconductor has announced plans to acquire Novelda AS, a Norwegian company specializing in ultra-wideband wireless technology, aiming to enhance its market-leading position in wireless solutions. The acquisition is still pending due diligence and final approvals, with a decision expected by the end of November.

For further insights into GB:0FF9 stock, check out TipRanks’ Stock Analysis page.

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