Dialog Semiconductor receives CFIUS clearance for Adesto acquisition

Adesto Technologies announced that CFIUS completed its review of the pending acquisition by Dialog Semiconductor with no national security concerns. The transaction is expected to close on June 29, 2020.

“CFIUS has completed its review of the pending acquisition and determined that there are no unresolved national security concerns with respect to the proposed transaction.”globenewswire.com

• 2 sources
• globenewswire.comAdesto® Announces Completion of CFIUS Review for ProposedAdesto Technologies CorporationJun 22, 2020
• tradepractitioner.comCFIUS Clearance: Dialog Semiconductor and Adesto Technologies | The Trade PractitionerTrade PractitionerJun 29, 2020

Summarized from public sources; check the original articles before acting on it.