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Home > Other > Apple Inc spends $600 million to acquire chip maker Dialog

Apple Inc spends $600 million to acquire chip maker Dialog

Update Time: 2019-12-31 14:21:43

Apple Inc spends $600 million to acquire chip maker Dialog

Apple has been investing a lot of energy to create faster and more efficient chips.Apple is taking the next step toward this strategy. 

Apple will acquire a portion of Dialog Semiconductor's (a European-based chipmaker) company for $300 million in cash.

The company has been working with Apple since the first iPhone. 

In addition to this major acquisition, Apple also promised to spend $300 million to further acquire the rest of Dialog's business unit.

This will be Apple’s largest acquisition of personnel so far. As part of the deal, 300 people will join Apple, accounting for about 16% of Dialog's total workforce. 

It is reported that so far, these employees have entered the work of Apple.

Apple expressed satisfaction with this acquisition. Johny Srouji, Apple's senior vice president of hardware technology, said in a statement: "Dialog has deep expertise in chip development. 

We are very excited to have this talented team of engineers who have been supporting our products for a long time. Working for Apple."

"Our relationship with Dialog can be traced back to the early iPhone, and we look forward to continuing to maintain long-term relationships with them," said Johny Srouji.

Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. The company's hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, the Apple TV digital media player, and the HomePod smart speaker. Apple's software includes the macOS and iOS operating systems, the iTunes media player, the Safari web browser, and the iLife and iWork creativity and productivity suites, as well as professional applications like Final Cut Pro, Logic Pro, and Xcode. Its online services include the iTunes Store, the iOS App Store and Mac App Store, Apple Music, and iCloud. Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976 to develop and sell Wozniak's Apple I personal computer. It was incorporated as Apple Computer, Inc., in January 1977, and sales of its computers, including the Apple II, grew quickly. Within a few years, Jobs and Wozniak had hired a staff of computer designers and had a production line. Apple went public in 1980 to instant financial success. Over the next few years, Apple shipped new computers featuring innovative graphical user interfaces, such as the original Macintosh in 1984, and Apple's marketing commercials for its products received widespread critical acclaim. However, the high price tag of its products and limited software titles caused problems, as did power struggles between executives at the company. In 1985, Wozniak stepped away from Apple, while Jobs resigned and founded a new company — NeXT — with former Apple employees....

Tag: chip


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