Dialog Semiconductor completed the acquisition of Adesto Technologies for $500m.

Dialog Semiconductor, a provider of power management, charging, AC/DC power conversion, Wi-Fi and Bluetooth technology, completed the acquisition Adesto Technologies, a provider of innovative custom integrated circuits and embedded systems for the industrial Internet of things market, for $500m. “This acquisition immediately adds scale to our Industrial IoT business, providing our expanded customer base with a broader portfolio of differentiated industrial products. 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,” Jalal Bagherli, Dialog CEO.