[Analog Devices Reportedly Nearing $1.5 Billion Acquisition of Semiconductor Company Empower] According to a report by Jinse Finance on May 19, citing Bloomberg, Analog Devices is in advanced talks to acquire semiconductor company Empower Semiconductor for approximately $1.5 billion in cash. Sources familiar with the matter stated that the agreement could be announced as early as Tuesday, but also cautioned that negotiations are still ongoing and the deal could fall through without reaching an agreement. Empower is headquartered in Milpitas, California, and primarily develops power management chips used to regulate voltage in applications such as data centers.