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Dialog46 Billion Acquisition Of US Peer Atmel Chip Company---led Stadium Floodlights

Dialog46 Billion Acquisition Of US Peer Atmel Chip Company---led Stadium Floodlights

2023-11-28

 September 21, Germany DialogSemiconductor announced $ 4.6 billion in cash and stock acquisition of US peer Atmel chip industrial companies stadium lights to expand product portfolio. So far, Dialog will gain more market opportunities in more areas of new energy, mobile device power management, networking,led stadium light etc., which greatly enhance its market position in the global power management chip and embedded in the solution. Under the proposal, the purchase price per share of $ 4.65 and 0.112 shares of Dialog American Depository Shares Forex Capital Market LLC credentials, compared with last Friday's closing price of Atmel 43% premium. The transaction is expected to complete in the first quarter of next year. backpfrontp Dialog denounced the $ 4.6 billion purchase of US counterparts Atmel understood, Dialog company chip main surface of the high-end smartphone market,high power led flood light but over the years in the professional Atmel microcontroller chip industry is quite well known. For this acquisition, Dialog company CEOJalalBagherli that the acquisition of Atmel means that while access to its customer base and product line, this is not only conducive to the Dialog to open up new markets,1000W LED flood light but will help reduce the company's over-reliance on the part of mobile phone manufacturers. In other words, with Atmel diversified customer resources, Dialog will integrate the existing sales channels to further enhance the business model through collaboration and find new revenue growth. backpfrontp DialogCEO Jalal ; Bahri (JalalBagherli) says: through the integration of our technology, the global level of talent,led bay light and a comprehensive distribution network, we will form a semiconductor market an entirely new, powerful force. backpfrontp last year, Infineon price of $ 3 billion acquisition of American InternationalRectifier. And in March of this year, NXP Semiconductors announced the acquisition of Freescale, led teunel light the combined size of the company over 40 billion US dollars. Dialog said on Sunday that Atmel shareholders per common share will be converted into $ 4.65 in cash and 0.112 shares of Dialog's American Depositary Shares. Dialog Press September 18 closing price, which is equivalent to $ 10.42 per common share Atmel. The price compared with Friday's closing price of $ 7.27 Atmel's 43% premium.Dialog, said the company plans to cash, $ 2.1 billion of debt, and about 4900 million American depositary shares Dialog to complete the deal. After completion of the transaction, Atmel shareholders of the combined company will hold about 38% of the shares. Reported that after the completion of the acquisition, tennis court light the total annual revenue of the new company is expected to reach $ 2.7 billion, while the annual cost is expected to save $ 150 million in two years. Currently, the board of directors of both companies have unanimously approved the acquisition in the next two companies only after the shareholders' meeting by the agreement, and other regulatory authorities and the judiciary approved the transaction, you can expect in the first quarter of 2016 completion of this acquisition. backp