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Dialog takeover is a 'disaster for Europe' says Arm co-founder

Dialog takeover is a disaster for Europe says Arm pioneer
Hermann Hauser said Dialog had developed world leading technology that should be kept in Europe
Hermann Hauser is a founder of Acorn, the business which created the Arm technology
Credit: Chris Williamson
A Japanese takeover of Reading-based Dialog Semiconductor has been branded a disaster for Europe by Arm pioneer Hermann Hauser.
Chip designer Dialog announced earlier this week that it had agreed to a €4.9bn (£4.3bn) takeover by Renesas Electronics, a Tokyo-based company which is among the largest suppliers of automotive chips.
Hermann Hauser, the founder of Acorn whose technology was spun out to create Arm and a venture partner at Amadeus Capital Partners, said Dialog had developed world leading technology. ....

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Dialog Semiconductor in £4.3m takeover by  Japan's Renesas Electronics

The deal is likely to add to fears that British firms whose share prices have been laid low by the pandemic are proving cheap targets for rivals abroad. ....

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