Renesas to buy Dialog

Renesas is to buy Dialog for $6 billion. Dialog had been in discussions with other potential purchasers including ST, reports Bloomberg. The price is 20% above Dialog’s market cap before the sale was announced. In 2016 Renesas bought Intersil for $3.2 billion and in 2019 Renesas bought IDT for $7.2 billion. Dialog took a hit ...

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