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Dialog Semi completes its acquisition of Adesto

Dialog Semiconductor says it has completed the acquisition of Adesto Technologies Corporation (Adesto)), a provider of custom ICs and embedded systems for the IIoT market.

"This acquisition immediately adds scale to our Industrial IoT business, providing our expanded customer base with a broader portfolio of differentiated industrial products," says Jalal Bagherli, CEO of Dialog. "With the combined product portfolio, we now have the unique ability to connect and control from the factory automation line and building automation systems to the cloud. It is with great excitement that I welcome our new colleagues to Dialog following the completion of our acquisition of Adesto."

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March 28 2024 10:16 am V22.4.20-2
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