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Wireless

Renesas buys Celeno for USD 315 mln in cash

Thursday 28 October 2021 | 13:05 CET | News
After buying Dialog Semiconductor for EUR 4.9 billion, Renesas Electronics has agreed to acquire Wi-Fi chipsets and software maker Celeno Communications for USD 315 million in cash, assuming the payment of certain milestone amounts. The transaction has been unanimously approved by the board of directors of both companies and is expected to close by the end of this year.

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Categories: Mobile & Wireless
Companies: Celeno / Dialog Semiconductor / Renesas Electronics
Countries: World
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