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Dialog Semiconductor Is Said to Be in Deal Talks With Synaptics

  • Discussions are ongoing, may not lead to an agreement
  • Dialog’s biggest customer, Apple, cut its order for chips

Dialog Semiconductor Plc is in discussions with touch-pad technology maker Synaptics Inc. about a potential deal with the U.S. company, according to people familiar with the matter.

Exploratory talks about a combination are ongoing and may not lead to an agreement, said the people, who asked not to be identified as the details aren’t public. Dialog has a market value of about 1.15 billion euros ($1.4 billion) while Synaptics is valued at $1.6 billion.