Irvine-based Conexant acquired by Synaptics for more than $300 million

Irvine-based chipmaker Conexant Systems has been acquired by Synaptics Inc. for $300 million in cash and 726,666 shares of Synaptics stock.
Synaptics, a maker of touchpads, fingerprint sensors and more, is based in San Jose.
The pairing will help the combined company be “positioned to invest in new opportunities that greatly enhance the human-machine-interface experience,” according to a statement by Conexant.
“We have spent the past few years sharpening Conexant&rsqu