AMS, Dialog merger talks fail
July 22, 2014 // Peter Clarke
Talks over a possible merger of mixed-signal chip companies AMS (Unterpremstaetten, Austria) and Dialog Semiconductor plc (Reading, England) have failed to reach agreement and been abandoned.
The merger could have created a European company with more than $1.4 billion in annual sales but AMS said in a statement posted Tuesday, July 22, that it has terminated these discussions with Dialog Semiconductor and that it does not intend to make an offer for Dialog Semiconductor. Similarly Dialog said that "despite extensive discussions" it has been unable to agree suitable terms and has terminated discussions with AMS AG regarding a possible merger of equals of the two companies.
The talks had been going on for several months but news leaked out towards the end of June, causing share price movements and forcing the companies to acknowledge the discussions.
Fabless chip company Dialog, with products in mixed-signal, wireless connectivity, and power management, has been on a strong growth curve for several years lead by respected CEO Jalal Bagherli. AMS runs a 200mm wafer fab near Graz, Austria where it manufactures power, optical and magnetic and RF circuits.
Although the deal was being referred to as a merger of equals Dialog has about twice the annual sales of AMS. In its statement Dialog said it will continue to execute on its strategy to become a leading provider of analog and mixed-signal semiconductors for such markets as smartphones, tablet computers, solid-state lighting and the emerging wearable and smart home segments.
"With the end of these discussions, it is business as usual, namely delivering increasing value for our shareholders. We will continue on our profitable growth path - as demonstrated by our track record – and build a truly vibrant, global and diversified mixed-signal semiconductor business," said Dialog CEO Bagherli.
Related links and articles:
IoT Security Foundation formed
September 04, 2015
The Internet of Things Security Foundation has been formed with a large list of associate members having sprung out of discussions ...
Self-sweeping lasers could make LIDAR systems cheaper
DecaWave preps for expansion, next location chip.
These five trends drive automotive innovation
How to increase your engineering value in just 20 minutes a day
Google-led group preempts HEVC
September 03, 2015
Internet giants Google and Cisco have banded together with Amazon and Netflix, two large streaming service players, along ...
IT security is changing: if the SIEM is dead, what's next?
Serdes startup Credo raises $8 million
The future of print and paper: digital hybrids
- High Voltage CMOS Amplifier Enables High Impedance Sensing with a Single IC
- Software-Defined Radio Handbook
- Why Making the Move from a Variable Transformer to a VariPLUS is the Right Decision
- Automating Leakage and Functional Testing
InterviewCEO interview: Ambiq sees broader options for low voltage
Mike Noonen, recently appointed interim CEO at microcontroller startup Ambiq Micro, discusses the focus and opportunities for this pioneering company designing circuits that can operate below the threshold ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Altera is giving away three of its second-generation Nios II Embedded Evaluation Kit (NEEK), worth 9 each, for EETimes Europe's readers to win.
The feature-rich platform provides a fast and simple way for embedded designers to experience the capabilities of a custom embedded processor in a non-volatile FPGA.
MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.