Dialog Buying Silicon Motion Mobile Communications Product Line for $45M
Dialog Semiconductor agreed to buy Silicon Motion Technology’s FCI mobile communications product line for $45 million cash, it said Thursday. The FCI product range -- including SoC technology for mobile TV, smartphones, tablets and portable navigation devices -- is designed…
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for battery-powered IoT devices. Dialog CEO Jalal Bagherli called ultra-low-power Wi-Fi a “strong strategic fit," giving it the opportunity to combine Wi-Fi and Bluetooth low-energy chips for IoT, consumer and automotive markets. Dialog has shipped more than 250 million Bluetooth low-energy SoCs for IoT applications, and ultra-low-power Wi-Fi positions the company to drive integration with “optimized combo solutions,” it said. Silicon Motion’s mobile communications unit reported about $30 million revenue last year. The deal is expected to close this year and is subject to regulatory approval.