Dialog Semiconductor has announced the acquisition of the Bingen-based semiconductor manufacturer Creative Chips. With this acquisition, Dialog Semiconductor intends to expand its portfolio to include industrial IoT products.
German-British chip manufacturer Dialog Semiconductor has announced the acquisition of German semiconductor manufacturer Creative Labs.
(Source: Dialog Semiconductor)
Dialog Semiconductor today announced the acquisition of Creative Chips, a semiconductor manufacturer. Creative Chips, headquartered in Bingen near Frankfurt am Main and with a separate design center in Dresden, is a Fabless semiconductor manufacturer of custom integrated circuits (digital ASICs and mixed-signal ASICs). In addition to chip design, ASIC design, series production and testing of highly complex ASICs, standard ICs are also offered, including a range of standard IO-Link IC products for industry 4.0.
"The acquisition is key to Dialog. Creative Chips gives Dialog a strong foothold in the IIoT market while complementing the current mixed-signal business very well," said Jalalal Bagherli, CEO of Dialog. The Industrial Internet of Things, IIot for short, is one of Dialog's strategic target markets. With its customer-specific mixed-signal ICs, Creative Chips addresses the German industrial and automotive markets in particular. The strategic acquisition will enable Dialog to acquire an additional product portfolio and an engineering team, as well as an industrial customer base that includes customers such as Beckhoff, Siemens, Braun, and Otis.
Dialog Semiconductor, headquartered near London, is a provider of highly integrated semiconductor solutions for power management, audio and near field wireless communications. Creative Chips is expected to generate sales of around 20 million US dollars in 2019. Sales are expected to grow by more than 25% per year over the next few years. Dialog will pay around 80 million US dollars for Creative Chips. Additional compensations of up to $23 million are expected based on future revenue targets in 2020 and 2021. The transaction is expected to close in the fourth quarter of 2019.
This article was previously published in German on the Elektronikpraxis.
(ID:46227507)
Declaration of consent
It goes without saying that we treat your personal data responsibly. Where we collect personal data from you, we process the data in compliance with the relevant data protection regulations. More detailed information is available in our privacy policy.
Consent to the use of data for advertising purposes
I consent to the use of my email address to send editorial newsletters by Mesago Messe Frankfurt GmbH, Rotebühlstr. 83-85, 70178 Stuttgart, Germany including all of its affiliates within the meaning of Section 15 et seq. AktG (‘Mesago’). I have viewed lists of each group of affiliates here for the Mesago. The content of the newsletter covers the products and services of all of the companies listed above including, for example, trade magazines and specialist books, events and exhibitions and event-related products and services, printed and digital media products and services such as additional (editorial) newsletters, competitions, lead campaigns, online and offline market research, technical web portals and e-learning courses. If my personal telephone number has also been collected, it may be used to send offers for the aforementioned products and services from the above companies, as well as for market research purposes. If I wish to access protected content online on portals of Mesago including its affiliates within the meaning of Section 15 et seq. AktG, I must register with additional data in order to access that content. In return for this free access to editorial content, my data may be used in line with this declaration of consent for the purposes described herein.
Right to withdraw consent
I am aware that I can withdraw this consent at any time with future effect. My withdrawal of consent does not affect the lawfulness of processing performed based on my consent before its withdrawal. If I wish to withdraw my consent, I can send an email to Mesago at privacy@mesago.com. If I no longer wish to receive individual newsletters to which I have subscribed, I can also click on the unsubscribe link at the bottom of a newsletter. I can find more information on my right to withdraw, how to exercise this right and the consequences of my withdrawal in the Privacy policyEditorial newsletters section.