Dialog Semiconductor to acquire Adesto Technologies for IIoT expansion

Dialog Semiconductor plc signed a definitive agreement to acquire all outstanding shares of Adesto Technologies Corporation, a provider of custom ICs and embedded systems for the Industrial Internet of Things (IIoT) market. The acquisition aims to accelerate Dialog's expansion into the IIoT market for smart buildings and industrial automation.

“This acquisition substantially enhances our position in the Industrial IoT market.”sec.gov

• 6 sources
• sec.govFeb 20, 2020
• globenewswire.comDialog Semiconductor to Acquire Adesto Technologies,Adesto Technologies CorporationFeb 20, 2020
• globenewswire.comDialog Semiconductor to Acquire Adesto Technologies,Adesto Technologies CorporationFeb 20, 2020
• reuters.comChip designer Dialog de-risks with $500 mln Adesto dealFeb 20, 2020
• sec.gov

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