Apple buys manufacturer of processors for 300 million dollars
Apple will pay $ 300 million for the acquisition of the company Dialog Semiconductor — European manufacturer of chipsets, which the company from Cupertino is working since the release of the first-generation iPhone told Cultofmac.
The investment is part of Apple ‘s strategy for the development of superior processors, which will help it to stand out and get ahead in the battle with competitors and other manufacturers mobile devices.
In addition to the price of a $ 300 million Apple also said that it will spend as much again for a future purchase of the remaining part, while not belonging to her.
The deal is significant because it is the largest in the history of Apple acquisition, in terms of the number of people who will go to a company. 300 employees Dialog from Italy, England and Germany will join the team from Cupertino.
“Dialog has a deep knowledge in the development of microchips, and we are very pleased that this talented group of engineers who have long supported our products, is now working directly with Apple. Our relationship with Dialog continuing ever since the first iPhone and we look forward to their development”, – said senior Vice President of Apple’s hardware johnny Srouji.
The acquisition includes intellectual property and a license to additional IP address. Probably it will be completed in the first half of 2019, if there are no organizational issues.