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Japan's Renesas takes over Apple supplier Dialog Semiconductor in $6B deal

Dialog Semiconductor, a UK-based chip producer who is also a supplier to Apple, is being taken over by Renesas Electronics in a deal valued at $6 billion.An agreement was reached between Dialog and the Japanese Renesas on Monday, one where Renesas will buy Dialog in an all-cash acquisition. The offer is valued at a total of 4.9 billion euros ($5.9 billion), which will effectively hand over Dialog’s assets to its Japan-based counterpart. Read more…
Source: Apple Insider News and Secrets on New Apple Products

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