Dialog Semiconductor plc (XETRA:DLG), a provider of highly integrated power management, AC/DC power conversion, charging, and low power connectivity technology, has announced that it has signed a definitive agreement to acquire privately-held Silego Technology Inc., the leading provider of Configurable Mixed-signal ICs (CMICs), for a cash payment of $276 million with additional contingent consideration of up to $30.4 million.
Headquartered in Santa Clara, California with approximately 235 employees worldwide, Silego is the pioneer and market leader in CMICs that integrate multiple analog, logic, and discrete component functionality into a single chip. Silego’s intuitive CMIC software interface allows customers to easily configure these functions and prototype a custom IC in hours with much greater design flexibility. This technology enables OEMs to reduce board space, simplify their supply chain, and accelerate time-to-market.
Silego’s solutions are increasingly being used across a broad range of new applications, with over 3 billion units sold. The acquisition of Silego will complement Dialog’s market leadership by increasing Dialog’s content at existing customers and expanding its customer base. The breadth of the new product portfolio will strengthen Dialog’s presence in markets including IoT, computing and automotive.
For more information, please visit www.dialog-semiconductor.com