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Latest News
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Dialog Semiconductor has purchased power management technology through an asset transaction from Diodes Zetex. As part of the deal, whose terms are undisclosed, Dialog also acquired specific Diodes IP rights and an employee team located in Munich.
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UK based analogue specialist Zetex is to be acquired by Diodes Inc in a deal worth £91million.
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Zetex says it has recovered from ‘trading difficulties’ in 2005 to show growth, a lower cost base and a new management team. Annual revenues of £67.2million were 17% up on the previous year, with profit almost doubled to £1.6m.
CEO Hans Rohrer, pictured, said: “In the longer term, accelerated growth will be achieved through defining high value products through intense interaction with our target customers.”
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