Stay updated with breaking news from Intersil. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Renesas Electronics Corp has agreed to buy Dialog Semiconductor for 4.9 billion euros ($5.9 billion) in cash, boosting its position in low-power technology and connectivity across smart devices, cars and industry.
<div class="at-above-post addthis_tool" data-url="https://www.metro.us/renesas-boosts-power-and/"></div>TOKYO/BERLIN (Reuters) – Renesas Electronics Corp has agreed to buy Dialog Semiconductor for 4.9 billion euros ($5.9 billion) in cash, boosting its position in low-power technology and connectivity across smart devices, cars and industry. One of the world’s biggest auto chipmakers, Renesas aims to capitalise on technology shifts that are putting more electric vehicles on […]<!-- AddThis Advanced Settings above via filter on get_the_excerp...
Renesas is to buy Dialog in a deal valued at €4.9 billion. Dialog had been in discussions with other potential purchasers including ST. “The transaction we
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...