v3.26.3
Subsequent Events
9 Months Ended
Oct. 02, 2026
Subsequent Events [Abstract]  
Subsequent Events
Note 15: Subsequent Events

On October 5, 2026, the Company completed the acquisition of Silver Atena GmbH ("Silver Atena"). Silver Atena adds specialized systems engineering and application expertise that expands the Company’s capabilities in developing system platforms and integrated customer solutions. The total purchase consideration was $52.2 million in cash, subject to customary purchase price adjustments. Due to the timing of the transaction, the Company has not yet completed the initial accounting for the business combination, including the determination of the acquisition-date fair values of the assets acquired and liabilities assumed. The related purchase accounting and required disclosures will be included in the Company’s consolidated financial statements as of and for the year ended December 31, 2026.

On November 2, 2026, the Company entered into a definitive agreement to acquire Ferric, Inc., ("Ferric") which is expected to expand the Company’s power management portfolio with advanced integrated voltage regulator technology designed to improve compute performance, energy efficiency and system footprint. The base purchase consideration is approximately $600.0 million in cash, subject to customary adjustments, with potential additional consideration of up to $175.0 million based on the achievement of specified revenue targets through 2029. The transaction is expected to close in the fourth quarter of 2026, subject to the satisfaction of customary closing conditions. Upon closing, assuming it takes place during the fourth quarter of 2026, the related purchase accounting and required disclosures will be included in the Company’s consolidated financial statements as of and for the year ended December 31, 2026.