Dialog Semiconductor (DLGNF) and Adesto Technologies (IOTS) acquisition information, including expected completion date and offer price, is displayed in the merger details table below.
This deal was successfully consummated on June 29, 2020
Acquisition Details | Value |
---|---|
Acquisition Target Stock Name | Adesto Technologies |
Acquisition Target Stock Ticker | IOTS |
Acquirer Stock Name | Dialog Semiconductor |
Announcement Date | February 20, 2020 |
Target Attitude | FRIENDLY TAKEOVER |
Expected Completion Date | September 30, 2020 |
Deal Value | $500m |
Offer Price | $12.55 |
Payment Method | All Cash Deal |
Initial SEC Filing | 8-K |
Investor Relations | sheltonir@sheltongroup.com |
Actual Completion Date | June 29, 2020 |
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Adesto Technologies (IOTS) Acquisition
The major Dialog Semiconductor (DLGNF) and Adesto Technologies (IOTS) buyout news updates & events are listed below. An invaluable data source for traders & investors looking to familiarize themselves with the Dialog Semiconductor (DLGNF) takeover of Adesto Technologies (IOTS) and trade the risk arbitrage spread. Following the acquisition news and events section, there are in-depth company profiles.
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Adesto Technologies (NASDAQ: IOTS) Merger - Acquisition News and Events
Adesto Technologies Company Profile
Adesto Technologies Corporation provides application-specific semiconductors and embedded systems that comprise essential building blocks of Internet of Things (IoT) edge devices operating on networks worldwide. Its portfolio of semiconductor and embedded technologies are optimized for connected IoT devices and systems used in industrial, consumer, communications, and medical applications. Its offerings enable customers to differentiate their IoT systems and product designs. The company’s technology is used in various connected products, such as smart utility meters, wearable fitness trackers and medical monitors, home automation, building control systems, fleet management systems, and satellite communications applications.
Its products portfolio includes IoT edge servers, routers, network nodes, and communication modules, as well as analog, digital, and non-volatile memory technologies that are delivered to customers as discrete products, application-specific integrated circuits, distributed network systems, and IP cores. The company also provides software, software development kits, tools, and system solutions to help speed time to market for customers. Its solutions enable seamless access to data, allowing for intelligent control of things in today’s connected world. Adesto Technologies Corporation has a collaboration with HCC Embedded to support the new Adesto FusionHD serial flash technology. The company was incorporated in 2006 and is headquartered in Santa Clara, California.