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Dialog Semiconductor to acquire Silego for USD 276 mln

Thursday 5 October 2017 | 12:52 CET | News
Dialog Semiconductor has agreed to acquire Silego Technology, a provider of configurable mixed-signal ICs (CMICs) for USD 276 million in cash, with additional contingent consideration of up to USD 30.4 million. The transaction is expected to be accretive to Dialog's underlying earnings per share for full calendar year 2018 and accretive to Dialog's gross margin. The transaction is projected to close in the fourth quarter of this year, subject to customary closing conditions. Dialog will fund the transaction from existing cash.

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