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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.