Dialog Semiconductor Plc (DLGNF.PK,DLGS) Tuesday said it has been unable to agree suitable terms for a transaction and has terminated discussions with AMS AG regarding a possible merger of equals of the two companies.
Jalal Bagherli, CEO of Dialog, commented: "With the end of these discussions, it is business as usual, namely delivering increasing value for our shareholders. We will continue on our profitable growth path - as demonstrated by our track record - and build a truly vibrant, global and diversified mixed signal semiconductor business."
The company will be publishing its second quarter results as planned in an earnings call scheduled for July 30.
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