Apple is paying $300M in cash to buy a part of Dialog Semiconductor and expand its chipmaking in Europe
Apple has quietly been putting
This will be Apple’s biggest acquisition by far in terms of people: 300 people will be joining Apple as part of the deal, or about 16 percent of Dialog’s total workforce — and from what we understand, those who are joining have already been working closely with Apple up to now. The teams joining are based across Livorno in Italy, Swindon in England, and Nabern and Neuaubing in Germany, near Munich, where Apple already has an operation. They will report to Apple’s SVP of hardware technologies, Johny Srouji.
“Dialog has deep expertise in chip development, and we are thrilled to have this talented group of engineers who’ve long supported our products now working directly for Apple,” said Srouji, in a statement. “Our relationship with Dialog goes all the way back to the early iPhones, and we look forward to continuing this long-standing relationship with them.”
Apple’s acquisition will also include IP and licenses for further IP, we understand.
The deal — which is expected to close in the first half of 2019, pending regulatory approvals — comes at a time when many expect Apple to release a VR headset in the future, and while our sources haven’t told us specifically about this, what we do know is that one big, more general focus for the company is to continue working on power management and chips that are more efficient in that regard, particularly considering the newest devices that Apple has added to its range: AirPods headphones and the Watch — wireless, high-performing hardware.
It also comes at a time when Apple has been in the spotlight for another kind of chip story: the company was named in a
“This transaction reaffirms our long-standing relationship with Apple, and demonstrates the value of the strong business and technologies we have built at Dialog,” said Jalal Bagherli, CEO of Dialog, in a
Dialog is holding a conference call later this morning to talk more about the deal and we will update this story as we learn more.
More to come.