DGAP-News
Dialog Semiconductor Announces Resolution in respect of the ATMEL Acquisition has been Passed at the General Meeting
DGAP-News: Dialog Semiconductor Plc. / Key word(s): Miscellaneous
Dialog Semiconductor Announces Resolution in respect of the ATMEL
Acquisition has been Passed at the General Meeting
19.11.2015 / 14:00
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London, United Kingdom, November 19, 2015 - Dialog Semiconductor plc
(XETRA: DLG) today announced that at an extraordinary general meeting of
shareholders held today, the Dialog shareholders have approved the
allocation of shares required to complete the company's previously
announced acquisition of Atmel Corporation (NASDAQ: ATML). The resolution
was approved by a vote of 61.94% of the shares represented at the meeting.
"On behalf of the Board of Directors, I would like to express our gratitude
for the strong level of shareholder support evidenced at today's meeting,"
said Jalal Bagherli, Dialog's CEO and Executive Board Member.
"We are excited about the benefits that we believe this acquisition will
create for Dialog shareholders, allowing us to capitalize on the large and
growing Mobility, Internet of Things (IoT) and Automotive market
opportunities. Additionally, the acquisition will give us greater scale,
diversify our customer concentration, and enable us to realise potential
significant cost and revenue synergies."
The transaction remains subject to approval of Atmel's stockholders and
other customary conditions. The parties continue to expect completion of
the transaction during the first quarter of 2016.
Further information regarding the acquisition is available on Dialog's
website: http://www.dialog-semiconductor.com/atmel
For further information please contact:
Dialog Semiconductor Dialog Semiconductor
Mark Tyndall Jose Cano
SVP, Corporate Development & Strategy Head of Investor Relations
Tel: +1 408 621 6749 Tel: +44 (0)1793 756 961
mark.tyndall@diasemi.com jose.cano@diasemi.com
FTI Consulting London FTI Consulting Frankfurt
Matt Dixon Anja Meusel
Tel: +44 (0)20 3727 1137 Tel: +49 (0) 69 9203 7120
matt.dixon@fticonsulting.com anja.meusel@fticonsulting.com
About Dialog
Dialog provides highly integrated standard and custom mixed-signal
integrated circuits (ICs), optimized for smartphone, tablet, IoT, LED Solid
State Lighting (SSL) and Smart Home applications. Dialog brings strong
expertise to the rapid development of ICs while providing flexible and
dynamic support, innovation and the assurance of dealing with an
established business partner. With world-class manufacturing partners,
Dialog operates a fabless business model and is a socially responsible
employer pursuing many programs to benefit the employees, community, other
London, United Kingdom, November 19, 2015 - Dialog Semiconductor plc
(XETRA: DLG) today announced that at an extraordinary general meeting of
shareholders held today, the Dialog shareholders have approved the
allocation of shares required to complete the company's previously
announced acquisition of Atmel Corporation (NASDAQ: ATML). The resolution
was approved by a vote of 61.94% of the shares represented at the meeting.
"On behalf of the Board of Directors, I would like to express our gratitude
for the strong level of shareholder support evidenced at today's meeting,"
said Jalal Bagherli, Dialog's CEO and Executive Board Member.
"We are excited about the benefits that we believe this acquisition will
create for Dialog shareholders, allowing us to capitalize on the large and
growing Mobility, Internet of Things (IoT) and Automotive market
opportunities. Additionally, the acquisition will give us greater scale,
diversify our customer concentration, and enable us to realise potential
significant cost and revenue synergies."
The transaction remains subject to approval of Atmel's stockholders and
other customary conditions. The parties continue to expect completion of
the transaction during the first quarter of 2016.
Further information regarding the acquisition is available on Dialog's
website: http://www.dialog-semiconductor.com/atmel
For further information please contact:
Dialog Semiconductor Dialog Semiconductor
Mark Tyndall Jose Cano
SVP, Corporate Development & Strategy Head of Investor Relations
Tel: +1 408 621 6749 Tel: +44 (0)1793 756 961
mark.tyndall@diasemi.com jose.cano@diasemi.com
FTI Consulting London FTI Consulting Frankfurt
Matt Dixon Anja Meusel
Tel: +44 (0)20 3727 1137 Tel: +49 (0) 69 9203 7120
matt.dixon@fticonsulting.com anja.meusel@fticonsulting.com
About Dialog
Dialog provides highly integrated standard and custom mixed-signal
integrated circuits (ICs), optimized for smartphone, tablet, IoT, LED Solid
State Lighting (SSL) and Smart Home applications. Dialog brings strong
expertise to the rapid development of ICs while providing flexible and
dynamic support, innovation and the assurance of dealing with an
established business partner. With world-class manufacturing partners,
Dialog operates a fabless business model and is a socially responsible
employer pursuing many programs to benefit the employees, community, other
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