Dialog Semiconductor has signed a definitive agreement to acquire Silego Technology, a provider of configurable mixed-signal ics (CMICs). The deal values Silego at $276million.

According to Dialog’s CEO Jalil Bagherli, pictured: “The acquisition of Silego brings highly complementary technology. What Silego has developed is truly unique – a mixed-signal platform which customers can configure to their design requirements on the fly, drastically reducing the time to bring their products to market.

“With global scale and customer access, Dialog is the right platform to further accelerate industry wide CMIC adoption.”

California based Silego has some 235 employees worldwide, developing CMICs that integrate multiple analogue, logic, and discrete component functionality. The technology is said to reduce board space, simplify supply chains and accelerate time-to-market.

“We believe Dialog will be a great environment for the Silego team to grow as part of a much larger company serving global customers,” said John Teegen, Silego’s CEO. “Our proprietary and configurable approach has allowed Silego to establish leadership while creating a new market. By leveraging Dialog’s technology and capabilities, I am confident we can further drive adoption of CMICs.”