Dialog and AMS In Merger Talks
A new European semiconductor IDM could be on the cards if talks between AMS, the former Austria Micro Systems, and Dialog bear fruit.
Merger talks are underway between specialised foundry AMS and Dialog with AMS needing to make an offer for Dialog by July 24th if the acquisition is to happen.
AMS says: ‘AMS and Dialog confirm that the two companies are in preliminary discussions regarding a possible merger of equals of AMS and Dialog Semiconductor. These discussions are at a very preliminary stage and there can be no certainty that a transaction will be forthcoming.’
Dialog has also issued the same statement.t
AMS had revenues of $502 million last year and has a market cap of $2.3 billion while Dialog had revenues of $903 million last year and has a market cap of $1.8 billion.