Dual Port Register File Compiler (1 Read-Only Port, 1 Write-Only Port)
Dialog Shareholders Approve Resolutions related to the Acquisition by Renesas Electronics Corporation of Dialog Semiconductor Plc
TOKYO, Japan, April 10, 2021 ― As announced in the press releases “Agreement on Commencement of Acquisition Procedure to Make Dialog Semiconductor Plc a Wholly-owned Subsidiary” issued on February 8, 2021 and “Recommended Cash Offer for Dialog Semiconductor Plc by Renesas Electronics Corporation: Publication of Scheme Document” issued on March 8, 2021, Renesas Electronics Corporation (“Renesas”, TSE: 6723), a supplier of advanced semiconductor solutions, has agreed the terms of a recommended cash acquisition of Dialog Semiconductor Plc (“Dialog”, XETRA:DLG) which is being implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the UK Companies Act 2006 (the “Scheme”).
Renesas is pleased to announce that, at the Dialog General Meeting and at the Court Meeting held on April 9, 2021, all resolutions proposed in connection with the Scheme were duly passed by the requisite majorities and, accordingly, the Scheme has been approved by Dialog Shareholders.
As set out in the Scheme Document, the Acquisition remains subject to the satisfaction (or, if capable, waiver) of the remaining Conditions, including certain competition and regulatory approvals as well as the Court’s sanction of the Scheme at the Court Sanction Hearing.
The Scheme is expected to become effective by the end of calendar year 2021. The expected timetable of principal events remains as set out in the Scheme Document. The dates and times given are indicative only and are based on current expectations and are subject to change.
Capitalised terms used but not otherwise defined in this press release have the meanings given to them in the Scheme Document. A copy of the Scheme Document is available on Renesas’ website at: https://www.renesas.com/us/en/about/investor-relations/offer-for-dialog
|
Related News
- Renesas Completes Acquisition of Dialog Semiconductor
- Renesas and Dialog Semiconductor Announce Conclusion of Final Regulatory Review and the Expected Closing Date for Renesas' Proposed Acquisition of Dialog Semiconductor
- Renesas and Dialog Semiconductor to Join Forces to Advance Global Leadership in Embedded Solutions
- Renesas to Acquire PCB Design Software Leader Altium to Make Electronics Design Accessible to Broader Market and Accelerate Innovation
- Dialog Semiconductor Selected as SiFive Preferred Power Management Partner for RISC-V Development Platforms
Breaking News
- Arteris Joins Intel Foundry Accelerator Ecosystem Alliance Program to Support Advanced Semiconductor Designs
- SkyeChip Joins Intel Foundry Accelerator IP Alliance
- Siemens and Intel Foundry advance their collaboration to enable cutting-edge integrated circuits and advanced packaging solutions for 2D and 3D IC
- Cadence Expands Design IP Portfolio Optimized for Intel 18A and Intel 18A-P Technologies, Advancing AI, HPC and Mobility Applications
- Synopsys and Intel Foundry Propel Angstrom-Scale Chip Designs on Intel 18A and Intel 18A-P Technologies
Most Popular
- QuickLogic Delivers eFPGA Hard IP for Intel 18A Based Test Chip
- Siemens collaborates with TSMC to drive further innovation in semiconductor design and integration
- Aion Silicon Joins Intel Foundry Accelerator Design Services Alliance to Deliver Next-Generation Custom SoCs at Scale
- TSMC Unveils Next-Generation A14 Process at North America Technology Symposium
- BOS Semiconductors to Partner with Intel to Accelerate Automotive AI Innovation
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |