Businesswireยท2025-10-21 08:00Core Insights - ASE Technology Holding Co., Ltd. and Analog Devices, Inc. have announced a strategic collaboration involving the acquisition of Analog Devices Sdn. Bhd. and its manufacturing facility in Penang, Malaysia [1][2] - The acquisition aims to enhance ASE's global manufacturing capabilities and operational flexibility while establishing a long-term supply agreement for manufacturing services [4][6] Company Overview - ASE Technology Holding Co., Ltd. is a leading provider of semiconductor manufacturing services, focusing on assembly, testing, materials, and system designs [5] - Analog Devices, Inc. is a global semiconductor leader with over $9 billion in revenue for FY24, specializing in solutions that bridge the physical and digital worlds [7] Strategic Collaboration Details - ASE plans to purchase 100% of the equity of Analog Devices Sdn. Bhd. and its Penang facility, which spans over 680,000 square feet [2][3] - The collaboration includes co-investment in upskilling the Penang facility to meet increasing customer and supply chain demands [2][4] Future Expectations - The parties expect to finalize definitive agreements in Q4 2025, with the transaction anticipated to close in the first half of 2026, pending regulatory approvals [4][6]