TAIPEI, Nov. 6, 2026 /PRNewswire/ -- Analog Devices, Inc. (NASDAQ: ADI) today announced the completion of its acquisition of Alif Semiconductor. The combination of ADI's leadership across sensing, signal processing, power, connectivity and application software, with Alif's AI-native microcontrollers and fusion processors, expands ADI's total addressable market and accelerates innovation across industrial, data center infrastructure, defense, energy, robotics, digital health and wearable applications.
Commentary
- "We are excited to welcome the Alif team to ADI and begin realizing the potential of bringing our technologies together," said Vincent Roche, CEO and Chair of ADI. "For decades, ADI has helped customers solve their most complex system-level challenges through deep domain expertise and a cutting-edge technology portfolio spanning the physical-digital boundary. Alif's AI-native platform builds on that foundation, advancing systems that can understand real-world signals, reason and act locally within demanding power, latency, security and reliability constraints. This is physical intelligence in action."
About Analog Devices, Inc.
Analog Devices, Inc. (NASDAQ: ADI) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, AI, and software technologies into solutions that combat climate change, reliably connect humans and the world, and help drive advancements in automation and robotics, mobility, healthcare, energy and data centers. With revenue of more than $11 billion in FY25, ADI ensures today's innovators stay Ahead of What's Possible. Learn more at www.analog.com and on LinkedIn and X.
Forward-Looking Statements
This press release contains forward-looking statements, which address a variety of subjects including, for example, the expected benefits of the transaction; ADI's expected product offerings and benefits of those offerings, product development, and technical advances resulting from the transaction; markets, market position, addressable markets, and growth opportunities; and other future events. Statements that are not historical facts, including statements about our beliefs, plans, and expectations, are forward-looking statements. Such statements are based on our current expectations and are subject to a number of factors and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: unforeseen or unknown liabilities; costs or expenses related to the transaction; the inability to retain key personnel; difficulties in integrating the acquired business; the risk that expected benefits of the transaction may not be realized or may take longer to realize than expected; and uncertainty as to the long-term value of our common stock. For additional information about factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to our filings with the Securities and Exchange Commission, including the risk factors contained in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Forward-looking statements represent management's current expectations and are inherently uncertain. Except as required by law, we do not undertake any obligation to update forward-looking statements made by us to reflect subsequent events or circumstances.
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Analog Devices Completes Acquisition of Alif Semiconductor
MELBOURNE, Australia, Nov. 6, 2026 /PRNewswire/ -- Sungrow, a globally leading PV inverter and energy storage system provider, reinforced its commitment to Australia's renewable energy market through a series of partnership signings at All-Energy Australia 2026. Among the agreements signed were three major distribution agreements with longstanding partners Solar Juice, Raystech Group, and Supply Partners.
Together, these three agreements cover 1.5 GW of photovoltaic (PV) volume and 4 GWh of battery energy storage systems (BESS). The signings reflect Sungrow's continued efforts to strengthen its local distribution network, combining technological innovation, trusted partnerships, and local expertise to support Australia's evolving clean energy needs.
Highlighting Three Major Distribution Partnerships
Solar Juice — Building on Long-Term Trust and Customer Success
Building on a shared commitment to product quality, innovation, and customer success, Sungrow and Solar Juice further strengthened its long-standing partnership through an agreement covering 500 MW of PV and 2.5 GWh of BESS, including 2 GWh for residential and 500 MWh for C&I applications. Given Solar Juice's extensive industry experience, established distribution network, and local technical support capabilities, Sungrow will continue to combine its advanced solar and energy storage technologies with Solar Juice's market expertise to enhance access to reliable energy solutions and better support the evolving needs of Australian installers and customers.
Supply Partners — Strengthening Customer-Focused Solutions Through Technical Expertise
Recognising Supply Partners' customer-focused approach, technical expertise, and commitment to installer education, Sungrow further expanded the cooperation through an agreement covering 500 MW of PV and 1 GWh of BESS, including 500 MWh for residential and 500 MWh for C&I applications. By combining Sungrow's solar and energy storage technologies with Supply Partners' established distribution network and system design capabilities, the partnership aims to expand access to reliable energy solutions and better support local installers in meeting the evolving needs of Australia's residential and commercial renewable energy markets.
Raystech Group — Expanding Industry Collaboration and Installer Engagement
Building on a previous successful partnership, Sungrow and Raystech Group renewed their strategic distribution agreement covering 500 MW of PV and 500 MWh of residential BESS. Sungrow has worked with Raystech Group on initiatives extending beyond product distribution, including joint marketing, technical training, and installer engagement. Drawing on Raystech Group's established presence across Australia and New Zealand, Sungrow aims to continue supporting local installation partners through product innovation, industry education, and collaborative market development. The agreement reflects Sungrow's commitment to building a more connected renewable energy ecosystem.
"Australia's renewable energy market continues to create opportunities for growth and collaboration. Our longstanding relationships with Solar Juice, Raystech Group, and Supply Partners reflect the importance of mutual trust, shared values, and local expertise. Together with our wider network of partners, we look forward to deepening cooperation, supporting our customers, and contributing to Australia's evolving solar and energy storage market."
— Steven Zhu, Vice President, Sungrow APAC
Looking ahead, Sungrow will continue to combine technological innovation with local service and industry collaboration, working closely with distributors, installers, and other partners to support the wider adoption of solar and energy storage solutions. Guided by its commitment to "Clean Power for All", Sungrow aims to contribute to a more sustainable energy future for Australian households and businesses.
About Solar Juice
Solar Juice is an Australian wholesale distributor of solar and energy storage solutions. Drawing on extensive industry experience, the company supplies solar panels, inverters, batteries, and related technologies to installation partners. With a focus on product quality, innovation, and customer success, Solar Juice combines product distribution with local technical expertise to support renewable energy adoption.
About Supply Partners
Supply Partners is an Australian solar and energy storage distributor providing products, technical assistance, system design support, and training to installation partners. With a customer-focused approach, the company works to help installers navigate technical and market challenges while supporting the broader adoption of renewable energy solutions.
About Raystech Group
Raystech Group is a renewable energy wholesale distributor with operations across Australia and New Zealand. The company provides solar PV systems, energy storage solutions, and related services, including customer support, logistics, and technical assistance. Through a customer-focused approach and collaboration with industry partners, Raystech aims to support the growth of renewable energy and progress towards a lower-carbon future.
About Sungrow
Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 29 years. As of June 2026, Sungrow has installed over 1100 GW of power electronic converters worldwide. The company is recognized as the world's most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experiences. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service.
For more information, visit www.sungrowpower.com.
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Sungrow Joins Forces with Three Strategic Partners to Accelerate Australia's Clean Energy Transition at All-Energy Australia 2026
