Dialog Semiconductor and Apple sign technology licensing and asset transfer agreement

Dialog Semiconductor agreed to license power management technologies to Apple, transfer certain assets and over 300 employees to Apple, and received $600 million ($300 million cash + $300 million prepayment for future products). Dialog also received new contracts for power management, audio, charging and other ICs.

“Apple will pay $300 million in cash for the transaction and prepay $300 million for Dialog products to be delivered over the next three years.”accessnewswire.com

• 1 source
• accessnewswire.comDialog Semiconductor and Apple to Strengthen Partnership through Technology Licensing Agreement, Addition of Dialog Engineers to AppleDialog Semiconductor Plc.Oct 11, 2018

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