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Apple inks $600M deal to license IP, acquire assets and talent from Dialog to expand chipmaking in Europe

Ingrid Lunden
Apple inks $600M deal to license IP, acquire assets and talent from Dialog to expand chipmaking in Europe

Apple has quietly been putting considerable effort into building faster and more efficient chips that can help differentiate its hardware from the rest of the consumer electronics pack, and today it's taking its next (and possibly largest) step in that strategy. Apple is paying $300 million in cash to take on a portion of Dialog Semiconductor, a chipmaker based out of Europe that it has been working with since the first iPhone. On top of the main acquisition, Apple is also committing $300 million to make further purchases from the remaining part of Dialog's business, making it a $600 million deal in total.