UK’s Dialog Semiconductor looks to have found a new home in Asia. Japan’s Renesas Electronics has put in an all-cash offer to purchase all issued and to-be-issued shares as part of an acquisition package totaling about 4.9 billion euros. In buying the British company, including its ’s-Hertogenbosch-based R&D site specializing in wireless chipsets, the Japanese supplier is focused to capitalize on Dialog’s low-power technologies and connectivity expertise centered around its mixed-signal integrated circuits (ICs) and strengthen its global footprint across large, high-growth markets in the IoT, industrial and automotive fields.
Dialog is a provider of highly integrated and power-efficient mixed-signal ICs for a broad array of customers from several markets. Some of the company’s clientele includes the likes of Apple and other players in the consumer electronics domain and several others in IoT and high-growth segments of automotive and industrial end-markets. Dialog brings Renesas a wide range of product offerings including battery and power management, power conversion, configurable mixed-signal ICs (CMICs), LED drivers, custom mixed-signal ICs (ASICs), automotive power management ICs (PMICs), wireless charging technology, and more. With ’s-Hertogenbosch as one of its design centers, it also offers broad and differentiated BLE, Wi-Fi and audio system-on-chips (SoCs) that deliver advanced connectivity for a wide range of applications – from smart home/building automation to wearables and connected medical.
“For several years, we’ve successfully executed on a diversification strategy that positions Dialog for high-growth. We’ve built a strong foundation of high-performance analog and power efficient mixed-signal expertise, extended our product portfolio and applied our technologies into markets including 5G, wearables, automotive, smart home, connected medical and industrial IoT,” explains Jalal Bagherli, CEO of Dialog. “This compelling platform – combined with Renesas’ leading embedded compute, analog and power portfolio – creates even greater growth opportunities in today’s increasingly connected world. The combined company will be in an even stronger position to provide innovative products for these markets, building on Renesas’ extensive sales, distribution and customer support capabilities.”