Diodes Zetex Sells Power Management Technology to Dialog Semiconductor
Dialog Semiconductor plc (FWB: DLG), a leading provider of highly integrated innovative power management semiconductor solutions, has announced that it has purchased power management technology through an asset transaction from Diodes Zetex GmbH.
As part of this transaction, Dialog has also acquired specific Diodes intellectual property rights and an employee team located in Munich, Germany. The transaction is now closed, with the commercial terms of the transaction undisclosed.
“Dialog continues to execute on its strategy of strengthening technology leadership in integrated power management with the acquisition of complementary technology from Diodes,” said Dr. Jalal Bagherli, CEO at Dialog.
“We are excited about the prospects of creating new products that will provide our OEM customers with not only higher levels of integration but also unique features for user interface and control over battery energy use within smartphones, netbooks and other portable media devices,” concluded Bagherli.
About Dialog Semiconductor
Dialog Semiconductor creates energy-efficient, highly integrated, mixed-signal circuits optimised for personal mobile, lighting & display and automotive applications. The company provides flexible and dynamic support, world-class innovation and the assurance of dealing with an established business partner. With its unique focus and expertise in system power management, Dialog brings decades of experience to the rapid development of integrated circuits for power management, audio, display processing and motor control. Dialog’s processor companion chips are essential for enhancing both the performance of hand-held products and the consumers’ multimedia experience. With world-class manufacturing partners, Dialog operates a fabless business model. Dialog Semiconductor plc is headquartered near Stuttgart with a global sales, R&D and marketing organisation. In 2009, it had approximately $218 million in revenue and was one of the fastest growing European public semiconductor companies. It currently has approximately 325 employees. The company is listed on the Frankfurt (FWB: DLG) stock exchange.
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