# 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.

- Type: Acquisition
- Announced: 2020-02-20
- Where: Santa Clara, California, United States
- Value: $500.0M
- Status: announced
- Products: custom integrated circuits, embedded systems for IIoT
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Dialog Semiconductor Plc.](https://endata.com/companies/22743.md) (acquirer)
- [Adesto Technologies](https://endata.com/companies/31810.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1395848/000110465920023049/tm209403d1_ex99-1.htm), 2020-02-20: "This acquisition substantially enhances our position in the Industrial IoT market."
- [globenewswire.com](https://www.globenewswire.com/news-release/2020/02/20/1987570/37295/en/Dialog-Semiconductor-to-Acquire-Adesto-Technologies-Broadening-Presence-in-the-Industrial-Internet-of-Things-Market-IIoT.html), 2020-02-20: "This acquisition substantially enhances our position in the Industrial IoT market"
- [globenewswire.com](https://www.globenewswire.com/news-release/2020/02/20/1987570/37295/en/dialog-semiconductor-to-acquire-adesto-technologies-broadening-presence-in-the-industrial-internet-of-things-market-iiot.html), 2020-02-20: "This acquisition substantially enhances our position in the Industrial IoT market"
- [reuters.com](https://www.reuters.com/article/business/media-telecom/chip-designer-dialog-de-risks-with-500-mln-adesto-deal-idUSL8N2AK2X2/), 2020-02-20: "Anglo-German chip designer Dialog Semiconductor is buying California-based Adesto Technologies for $500 million to diversify further away from its reliance Apple."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1395848/000110465920023048/tm209403-1_8k.htm), 2020-02-20: "Adesto Technologies Corporation, a Delaware corporation, Dialog Semiconductor plc, and Azara Acquisition Corp. entered into an Agreement and Plan of Merger"
- [semiengineering.com](https://semiengineering.com/tag/accellera/page/7/), 2020-02-21: "Dialog Semiconductor will acquire Adesto Technologies for $12.55 per share in cash, or for approximately $500 million enterprise value."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.