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Japan's Renesas said it is in talks to buy British-based Dialog Semiconductor in a deal that would bolster its automotive chip business and value the Apple supplier at around $6 billion (roughly Rs. 44 crores).
Renesas strikes €5B deal for Dialog Semiconductor - Mobile World Live 08 FEB 2021 Apple supplier Dialog Semiconductor agreed to a €4.9 billion takeover by Japan’s Renesas Electronics, in a deal to expand its chip portfolio and beef up its presence in IoT, wireless solutions and industrial infrastructure. In a statement, Renesas said it had agreed terms on an all-cash acquisition of UK-based Dialog Semiconductor, for €67.50 per share, a 20 per cent premium on its closing share price on Friday (5 February). The deal has been accepted by both board’s of directors, but still requires r...
Breakingviews 3 Min Read FILE PHOTO: Renesas Electronics Corp's logos are pictured at the company's conference in Tokyo, Japan, April 11, 2017. REUTERS/Toru Hanai/File Photo - RC2RNL9CK2W3 HONG KONG (Reuters Breakingviews) - Japan’s Renesas Electronics is in danger of overheating its deal engine. The company disclosed on Monday that it was in advanced talks to buy UK-based Dialog Semiconductor less than two years after taking over similarly sized Integrated Device Technology. Booming demand for chips used in cars makes another acquisition strategically appealing, but the financial logic loo...
Share this article Share this article ResearchAndMarkets.com's offering. This research evaluates cellular broadband applications and services including revenue and usage (subscribers/users) by LTE, LTE Advanced, Advanced Pro, and 5G. It also assesses the LTE and 5G applications market to inprivate wireless networks as well as market opportunities for Mobile Edge Computing (MEC) in public and private networks including the market for computing as a service. It also analyzes 5G NR and the market outlook for MNO and VNO to offer private IoT networks for the benefit of industrial automation and...
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