15.11.2017 08:00:06
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DGAP-News: Dialog Semiconductor Plc.
DGAP-News: Dialog Semiconductor Plc. / Key word(s): Acquisition London, United Kingdom - November 15, 2017 - Dialog Semiconductor plc (XETRA:DLG), a provider of highly integrated power management, AC/DC power conversion, charging, and Bluetooth(R) low energy technology, has announced today that it has purchased ams AG's LED backlight technology and product portfolio. As part of the transaction, Dialog has also acquired specific ams intellectual property rights. The acquired LED backlight products are already in volume production with Asia Pacific TV manufacturers. The transaction is now closed, with the commercial terms of the deal undisclosed. "Dialog continues to execute on its strategy of strengthening its technology leadership in advanced mixed-signal technologies with this acquisition from ams, our second to close in the last weeks," said Jalal Bagherli, CEO at Dialog. "We are excited about the prospects of creating new products that will provide our customers with next generation, higher quality display solutions for the consumer and automotive markets." Large panel displays are transitioning from the traditional edge-lit configuration to multi-segment direct backlighting to provide significant performance improvements, including higher dynamic range and longer lifetime. Dialog's patented AnyMode(TM) technology enhances the display contrast ratio, enables faster image fadeout and reduces motion blur, which for an automotive infotainment display will enable a safer driving experience. The combination of Dialog's AnyMode LED technology and ams' LED driver assets will establish a worldwide leader in display backlight technologies and will allow Dialog to better serve customers in high value display applications. ENDS
NOTES Dialog, the Dialog logo and AnyMode are trademarks of Dialog Semiconductor plc or its subsidiaries. All other product or service names are the property of their respective owners. (c) Copyright 2017 Dialog Semiconductor All rights reserved. Media Contact: About Dialog Semiconductor Dialog operates a fabless business model and is a socially responsible employer pursuing many programs to benefit the employees, community, other stakeholders and the environment it operates in. Dialog Semiconductor plc is headquartered in London with a global sales, R&D and marketing organization. In 2016, it had approximately $1.19 billion in revenue and was one of the fastest growing European public semiconductor companies. It currently has approximately 2,035 employees worldwide. The company is listed on the Frankfurt (FWB: DLG) stock exchange (Regulated Market, Prime Standard, ISIN GB0059822006) and is a member of the German TecDax index. For more information, visit www.dialog-semiconductor.com.
Contact: Jose Cano Director, Investor Relations jose.cano@diasemi.com +44(0)1793756961
15.11.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Dialog Semiconductor Plc. |
Tower Bridge House, St. Katharine's Way | |
E1W 1AA London | |
United Kingdom | |
Phone: | +49 7021 805-412 |
Fax: | +49 7021 805-200 |
E-mail: | jose.cano@diasemi.com |
Internet: | www.dialog-semiconductor.com |
ISIN: | GB0059822006 |
WKN: | 927200 |
Indices: | TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
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