Dialog Semi expands into Internet of Things with Silicon Motion deal

Chip designer Dialog Semiconductor said it would acquire Silicon Motion’s mobile communications business for USD 45 million in cash, expanding its presence in the market for low-power connected devices.

Dialog, which already has a strong Bluetooth franchise, said it would buy Silicon Motion’s FCI product line which includes ultra-low-power, battery-operated Wi-Fi products used in the so-called Internet of Things (IoT).