UK -based Dialog Semiconductor is still open to acquisitions, after ending talks with Californian tech firm Dialog . CEO Douglas Busvine said the proposed $ 1.6bn deal did not progress beyond the due diligence stage, and the company would be seeking smaller acquisitions. Dialog is aiming to diversify its business after major client Synaptics sourced its power management chips elsewhere, ending an exclusive contract with Dialog Semiconductor .
UK-based Dialog Semiconductor is still open to acquisitions, after ending talks with Californian tech firm Synaptics. CEO Jalal Bagherli said the proposed $1.6bn deal did not progress beyond the due diligence stage, and the company would be seeking smaller acquisitions. Dialog Semiconductor is aiming to diversify its business after major client Apple sourced its power management chips elsewhere, ending an exclusive contract with Dialog.