Apple Inks $600 Million Deal To Acquire Assets and Talent From Dialog Semiconductor

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In an effort to build faster, more efficient chips, Apple is paying a total of $600 million to Dialog Semiconductor, a chipmaker based out of Europe that it’s been working with since the first iPhone. According to TechCrunch, Apple is paying $300 million in cash to buy a portion of the company, including licensing power-management technologies, assets, and more than 300 employees, as well as “committing a further $300 million to make purchases from the remaining part of Dialog’s business.” From the report: While Dialog is describing this as an asset transfer and licensing deal, it will be Apple’s biggest acquisition by far in terms of people: 300 people will be joining Apple as part of it, or about 16


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