 AUSTIN, Texas, Aug. 2, 2021 PRNewswire -- Silicon Labs Nasdaq: SLAB today announced that it intends to commence a modified Dutch auction tender offer to purchase in cash up to 1.0 billion in value of shares of its issued and outstanding common stock, or such lesser number of shares of its common stock as are properly tendered and not properly withdrawn, at an anticipated price of not less than 140.00 per share nor greater than 160.00 per share, less any applicable withholding taxes and without interest. The tender offer, if any, will be made in accordance with the terms and subject to the conditions described in an offer to purchase and a related letter of transmittal. 