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Human interface hardware and software developer Synaptics Inc (NASDAQ: SYNA) intends to offer $400 million senior unsecured notes ...
How car makers collided with a global chip shortage Premium . Updated: 13 Feb 2021, 01:49 PM IST The Wall Street Journal Auto demand rebounded from a coronavirus slowdown for Ford, GM, VW and others, but the industry misjudged supply lines of semiconductors that control engines, airbags, touchscreens Share Via Read Full Story Executives at auto makers like Volkswagen AG and General Motors Co. were upbeat about the industry’s recovery in early fall. Demand was rebounding from pandemic lows, and their factories were humming again. Then came the warnings. Like the one in a Nov. 12 Skype call...
Dialog Semiconductor Plc Chief Executive Officer Jalal Bagherli can finally breathe a sigh of relief. Three years ago, his company appeared to be in free fall after it emerged that Apple Inc., its biggest customer, planned to develop its own power-management chips — the very component that Dialog supplied. On Monday, Japan’s Renesas Electronics Corp. agreed to acquire Dialog for 4.9 billion euros ($5.9 billion). That’s a 65% premium to the level at which the UK chipmaker was trading as recently as December. In other words, Renesas is paying a steep price. To cover Dialog’s cost of cap...
Dialog Agrees to $6 Billion Takeover by Renesas Electronics Bloomberg 2/8/2021 Aaron Kirchfeld and Nate Lanxon © Bloomberg The Apple Inc logo at a store in San Francisco, California, U.S., on Friday, Oct. 23, 2020. The iPhone 12 and iPhone 12 Pro went on sale in stores, but with individual shopping sessions replacing the famous lines and crowds around locations. (Bloomberg) -- Renesas Electronics Corp. of Japan has agreed to acquire Apple Inc. supplier Dialog Semiconductor Plc, the latest U.K.-based chipmaker being sold to Asian investors. Popular Searches Dialog accepted...
Dialog accepted the all-cash offer of about €4.9 billion, at €67.50 per share, the companies said in statements Monday.