AMS discussing $5B chipmaker merger with Dialog

|About: Dialog Semiconductor Plc (DLGNF)|By:, SA News Editor

Austrian chipmaker AMS and Dialog Semiconductor (DLGNF) have entered talks today to discuss an upcoming merger. If combined, the market value of the new entity would reach approximately $5B. AMS will announce whether it will extend an offer by July 24.

Both companies supply chips to Apple, and are big players in the market. The merger would create a competitive large European chipmaker, and would support the increasing need for chips resulting from the rise in global demand for connectivity.

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