Dialog Semiconductor Releases the Lowest Power 12 Degrees-of-Freedom Bluetooth(r) Smart Sensor Development Platform
Targeting IoT and Virtual Reality (VR) applications, development time cut dramatically by combining Dialog's highly integrated DA14583 Bluetooth(r) Smart System-on-Chip (SoC) and SmartFusion(tm) sensor library
London, United Kingdom and San Jose, California - Dialog Semiconductor (XTRA: DLG) and Atmel Corporation (NASDAQ: ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a global leader in both Power Management (2) and Embedded Processing solutions. The transaction results in a fast growing and innovative powerhouse, supporting Mobile Power, IoT and Automotive customers. The combined company will address an attractive, fast growing market opportunity of approximately $20 billion by 2019.