Silicon Laboratories Inc. operates globally, providing integrated hardware and software platforms for IoT applications. The company's business is organized into two primary segments: Industrial & Commercial, and Home & Life. Its product portfolio includes low-power wireless chips, microcontrollers, and sensor products that serve applications across industrial automation, smart home, connected health, commercial buildings, and smart metering. In addition to hardware, Silicon Labs offers software stacks, firmware libraries, and a development platform called Simplicity Studio to help engineers accelerate product development. In 2021, the company divested its infrastructure and automotive business to focus purely on the IoT market, and in early 2026, Texas Instruments announced a pending acquisition of the company.