BERLIN: Anglo-German chip designer Dialog Semiconductor is buying California-based Adesto Technologies for US$500mil (RM2.09bil) to diversify further away from its reliance on Apple, it said on Feb 20.
Dialog, which specialises in power-management chips and low-energy Bluetooth products used in fitness trackers and cordless earphones, will pay US$12.55 (RM52.49) per share in a cash deal representing a 57% premium to Adesto's closing price on Feb 19.
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