Apple signs $600 million deal with chipmaker Dialog, transferring over 300 engineers

While Apple has been known to occasionally splash the cash on high-profile acquisitions of popular consumer brands like Beats and Shazam, the Cupertino-based tech giant will more often buy smaller businesses like Spektral or Vrvana for significantly less money.

Although the name Dialog Semiconductor may not ring any bells for everyday buyers of smartphones and other gadgets, this is actually a company that falls in the former category rather than the latter.

A grand total of $600 million will change hands under the terms of an agreement confirmed earlier today, which is a ...

Source PhoneArena https://ift.tt/2ytIlbp
via Seoandserver