Dialog Semiconductor Rises on Synaptics Talks in Apple Shift

Dialog Semiconductor Rises on Synaptics Talks in Apple Shift

Dialog Semiconductor Plc rose after the technology company said it’s proceeding with an attempted takeover of Synaptics Inc., helping it take a step forward in its effort to reduce its reliance on sales to Apple Inc. The comments confirmed a report by Bloomberg News that the two were exploring a transaction. “Dialog Semiconductor is seeking to lower its dependency on Apple,” Harald Schnitzer, an analyst at DZ Bank AG, said in a note to clients.

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