It’s been announced that Apple supplier Dialog Semiconductor is being taken over by Renesas Electronics.
An agreement was reached between the companies today; Renesas will buy Dialog in an all-cash acquisition. The offer is valued at a total of 4.9 billion euros (approximately US$5.9 billion).
Dialog Semiconductor is an American founded UK-Domiciled manufacturer of semiconductor based system solutions. The company is headquartered in the United Kingdom. Renesas Electronics Corporation is a Japanese semiconductor manufacturer headquartered in Tokyo.