Apple closes millionaire deal to buy Dialog technology

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Apple has announced that it is acquiring power management technology to upgrade its next handsets. For this, Apple has signed a $ 600 million agreement with Dialog Semiconductor. On the other hand, Dialog will provide the services of a supplier, as well as a team of 300 engineers. The value of the acquisition is a record for the US multinational. After confirming the deal, shares of Dialog rose 34%, higher in 16 years. By early 2018, the group's bonds had fallen after speculation that the group was looking for another chip supplier. The US multinational and Dialog have a long relationship. From the first iPhone models, the technology of the European company is present. With agreement, Dialogo intends to formulate a restructuring in its structure. Among them is achieving "independence" from Apple, with 75% of its total revenues corresponding to sales to the giant. The goal is that by 2022, this number is between 30% and 40%. In addition, the European group intends to repurchase up to 10% of its shares with the millionaire value of the transaction. Already the American multinational intends to end one of its "main headaches." After all, one of the biggest criticisms of its most popular device, the iPhone, is the battery life. With the technology and infrastructure acquired, Apple intends to solve such a problem.

Source: https://www.sunoresearch.com.br/noticias/apple-compra-tecnologia-dialog/?utm_source=WhatsApp&utm_medium=newsletter&utm_campaign=noticia.20181011

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