On October 5, 2017, Dialog Semiconductor, a provider of highly integrated power management, AC/DC power conversion, charging, and low power connectivity technology, announced that it has signed a definitive agreement to acquire privately held Silego Technology, the leading provider of configurable mixed-signal ICs (CMICs), for a cash payment of $276 million, with additional contingent consideration of up to $30.4 million. Wilson Sonsini is representing Silego in the transaction.
According to a press release, the acquisition of Silego will complement Dialog's market leadership by increasing the company's content at existing customers and expanding its customer base. The transaction is projected to close in the fourth calendar quarter of 2017, subject to customary closing conditions.
The Wilson Sonsini team representing Silego in the transaction includes:
Corporate:
Steven Bochner, Partner
Michael Coke, Partner
Christina Poulsen, Associate
Employee Benefits & Compensation:
David Thomas, Partner
Matthew Norgard, Associate
Mark Cornillez-Ty, Associate
Employment Law:
Rebecca Stuart, Of Counsel
JeAnne Reyes, Associate
Tax:
Myra Sutanto Shen, Partner
IP Litigation:
Ryan Smith, Partner