Dialog Semiconductor to acquire the mobile communications business of Silicon Mobile for $45m.

Dialog Semiconductor, a UK-based manufacturer of semiconductor based system solutions, agreed to acquire the mobile communications business of Silicon Mobile, a company in developing NAND flash controller integrated circuits for solid-state storage devices and specialty RF ICs for mobile devices, for $45m. "The acquisition of Silicon Motion's Mobile Communications product line provides Dialog customers with Ultra-Low-Power Wi-Fi SoCs and complete modules that are certified and designed to meet the demands of today's battery powered IoT devices. Ultra-Low-Power Wi-Fi is a strong strategic fit for Dialog with the opportunity to combine Wi-Fi and Bluetooth low energy chips and modules selling into our complementary IoT, consumer and automotive markets." Bagherli added, "we are excited to welcome the Mobile Communications team to Dialog. Together, we will increase the value we can bring to our customers by building a more diversified low-power connectivity offering," Jalal Bagherli, Dialog Semiconductor CEO.