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Dialog Semiconductor buys Adesto for USD 500 mln

Friday 21 February 2020 | 09:18 CET | News
Dialog Semiconductor has agreed to acquired Adesto Technologies for USD 12.55 per share, or a total of USD 500 million. Dialog said the deal will boost its expansion into the growing IIoT market for smart buildings and industrial automation. The deal has been approved by the board of directors at Adeso and is expected to close in the third quarter.

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Categories: Mobile & Wireless
Companies: Dialog Semiconductor
Countries: World
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