London, United Kingdom - February 20, 2020 - Dialog Semiconductor plc (), today announced it has signed a definitive agreement to acquire all outstanding shares of Adesto Technologies Corporation ("Adesto") (NASDAQ:IOTS).Dialog will acquire Adesto for $12.55 per share in cash, or for approximately $500 million enterprise value. Reading-based chip designer Dialog Semiconductor has swooped on US firm Adesto Technologies as part of efforts to shift more of its focus away from Apple in a market it said was quickly consolidating. Dialog Semiconductor Plc.

If you owned shares of Adesto Technologies Corp., please contact Computershare at 1 (800) 546-5141 or 1 (781) 575-2765 regarding your letter of transmittal. Dialog solutions are integral to some of today’s leading smartphones and the enabling element for increasing performance and productivity on the go.

Adesto® Announces Completion of CFIUS Review for Proposed Acquisition of Adesto by Dialog Semiconductor Email Print Friendly Share June 22, 2020 09:15 ET | Source: Adesto Technologies Corporation In some cases, you can identify these forward-looking statements by the use of terms such as “expect,” “will,” “continue,” or similar expressions, and variations or negatives of these words, but the absence of these words does not mean that a statement is not forward-looking. The integration of Adesto into Dialog provides benefits for customers of both companies:Adesto brings to Dialog highly complementary products, world-class IP and comprehensive system expertise.

From making smartphones more power efficient and shortening charging times, enabling home appliances to be controlled from anywhere, to connecting the next generation of wearable devices, Dialog’s decades of experience and world-class innovation help manufacturers get to what’s next.“Together with Dialog, we are positioned to create unique Industrial IoT solutions through the integration of our best-in-class technologies for today’s increasingly connected world,” added Adesto’s CEO, Narbeh Derhacobian.
About Adesto Technologies Corporation Adesto Technologies Corporation (NASDAQ:IOTS) is a … It currently has approximately 2,000 employees worldwide. Adesto accelerates Dialog’s expansion into the growing IIoT market that enables smart buildings and industrial automation (Industry 4.0), seamlessly driving cloud connectivity. Adesto Technologies Corp. has agreed to be acquired by U.K.-based Dialog Semiconductor plc in a deal valued at $500 million.
Customers should continue to engage with Dialog and Adesto through their current channels.Access the materials on this page to learn more about this exciting news. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, but not limited to: any statements regarding the expected timing of the completion of the transaction described in this press release; the ability of Dialog Semiconductor plc (“Dialog”) and Adesto Technologies Corporation (“Adesto”) to complete the proposed transaction considering the various conditions to the transaction, some of which are outside the parties’ control, including those conditions related to regulatory approvals; any other statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. (RTTNews) - Dialog Semiconductor plc (DLGNF.PK, DLGS) and Adesto Technologies Corp. (IOTS) have signed a definitive agreement for Dialog to acquire all outstanding shares of Adesto … For more information, visit www.dialog-semiconductor.com. LONDON, UK / ACCESSWIRE / February 20, 2020 / Dialog Semiconductor plc (XETRA:DLG), today announced it has signed a definitive agreement to acquire all outstanding shares of Adesto … All forward-looking statements attributable to Adesto, or persons acting on behalf of Adesto, are expressly qualified in their entirety by this cautionary statement. The issuer is solely responsible for the content of this … Adesto accelerates Dialog’s expansion into the growing IIoT market that enables smart buildings and industrial automation (Industry 4.0), seamlessly driving cloud connectivity. Our portfolios are a perfect match, especially as we look to provide even greater value for industrial customers who need reliable, efficient and secure solutions with embedded intelligence.As we proceed with organizational integration, our biggest priority is providing customers with uninterrupted service and support.

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