MANCHESTER, N.H., Jan. 05, 2026 (GLOBE NEWSWIRE) -- (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient systems, today announced ...

Allegro Microsystems announced that it received an unsolicited acquisition proposal from onsemi to buy the company for $35.10 per share in cash on February 12, 2025. After reviewing the offer with ...

Allegro MicroSystems designs and develops sensor ICs, application-specific analog power ICs, and photonics components that meet the needs of the most demanding applications. We design and develop ...

Allegro Microsystems is currently trading at a high earnings multiple, with a P/E ratio of 59.06, which is above the industry average, indicating that the stock might be valued optimistically by the ...