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Dialog Semiconductor completed its previously announced transaction with Apple to license certain power management technologies and transfer assets, with Apple paying $300 million in cash and prepaying $300 million for future products. Over 300 Dialog employees will join Apple.
“This transaction accelerates Dialog's transformation to a market-leading provider of differentiated custom and configurable mixed-signal integrated circuits (ICs) across a broader customer base”finance.yahoo.com
Summarized from public sources; check the original articles before acting on it.