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Adesto Technologies announced the acquisition of Dublin-based S3 Semiconductors, a global supplier of mixed-signal and RF ASICs, for approximately $35 million with an additional earn-out provision. The deal expands Adesto's portfolio in analog, mixed-signal, and RF solutions for the IoT market.
“The transaction is valued at approximately $35 million, with an additional earn-out provision based on certain milestones to the end of calendar year 2019.”globenewswire.com
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