Dialog Semiconductor

Acquisitions

Dialog has made numerous acquisitions including:

At that point, Jalal Bagherli held more than 500,000 Dialog shares.[28]

• 2011 - VoIP and wireless chipmaker SiTel Semiconductor for $86.5 million.[13]
• 2013 - Dialog acquired iWatt Inc, which had filed for an IPO the prior year, for roughly $345 million, paying $310 million in cash and pledging an additional $35 million in contingent considerations.[14][15]
• 2015 - Dialog made a $4.6 billion offer for Atmel.[16] This acquisition was cancelled in January 2016 when Atmel instead agreed to be purchased by Microchip for $3.56 billion in cash and stock.[17] To break the agreement, Atmel paid Dialog a termination fee of $137.3 million.[18]
• 2017 - Silego Technology, a maker of configurable mixed-signal integrated circuits (CMICs), for $306 million, of which $276 would be paid in cash, with an additional contingent consideration of up to $30.4 million. The deal added consumer electronics companies like Fitbit, Garmin, and GoPro to Dialog's roster of customers.[19]
• 2018 - Apple announced its intent to purchase part of Dialog's business in a $300 million cash deal.[20] Included in the deal was the transfer of 300 Dialog employees to Apple, which represented roughly 16% of Dialog's workforce. Apple also committed another $300 million to purchase Dialog products.[21] In April 2019, Dialog and Apple completed the workforce and intellectual property transfer aspects of the deal.[22]
• 2019 - Dialog agreed to buy Silicon Motion's FCI mobile communications product line for $45 million. The deal expanded Dialog's range of low-power connected devices by adding FCI's battery-operated Wi-Fi Internet of Things controllers to its existing line of Bluetooth products. The acquisition also added roughly 100 engineers, based in South Korea, to Dialog's workforce.[23][24]
• 2019 - Dialog agreed to buy Germany’s Creative Chips as part of its push into low-energy connectivity used for devices in the internet of things (IoT). Dialog paid $80 million for the acquisition, with an additional consideration of $23 million based on revenues targets for the next two years.[25][26]
• 2020 - Dialog bought US-based Adesto Technologies, a provider of application-specific semiconductors and embedded systems for the Industrial IoT, for $500 million.[27]
• 2021 - In February 2021, Renesas announced that it has agreed to buy Dialog Semiconductor for $5.9 billion.