Apple Acquires Part of Dialog Semiconductor for $ 300 Million
Europe’s Dialog Semiconductor has announced that it has signed an agreement with Apple to sell part of its business to the US company for $ 300 million, while the latter will help it license some of its technologies. Apple will pay a similar amount over the next three years to acquire another part.
Dialog Semiconductor is specialized in the development of semiconductors; in other words, it manufactures the parts needed for hardware chips, processors, and other internal hardware for small pieces on which the device’s operations depend on.
This is Apple’s largest acquisition in this area and is the largest in terms of number of employees, especially as there are 300 employees to join it with this acquisition.
This is not surprising, because Dialog Semiconductor has been working with Apple to develop its chips and processors since the beginning of the manufacture of iPhone phones. But the acquisition will help Apple develop the smartphones entirely on its own.
The European company said the remaining parts focus on the development of various technologies including Internet technologies, automotive and computing.