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.
GCT Semiconductor has selected multiple Adesto IP cores for development of its next-generation 4G LTE Modem. Adesto has been GCT's preferred supplier of Analog Front End solutions since 2014.
Adesto Technologies agreed to acquire Echelon Corporation, a pioneer in networking for IoT markets, for an enterprise value of about $30 million. The deal is expected to close in Q3 2018, with Echelon becoming a business unit within Adesto.
Adesto Technologies announced a definitive agreement to acquire Echelon Corporation for $8.50 per share, representing a total equity value of approximately $45 million. The acquisition aims to expand Adesto's semiconductor solutions for the Industrial IoT.
Adesto Technologies announced the acquisition of S3 Semiconductors for $35 million in cash and credit, moving beyond memory chips into mixed-signal, analog and RF chips for IoT markets.
Adesto Technologies announced the acquisition of Dublin-based S3 Semiconductors, a global supplier of mixed-signal and RF ASICs, for approximately $35 million with an additional earn-out provision. The deal expands Adesto's portfolio in analog, mixed-signal, and RF solutions for the IoT market.