SOURCE: Jason Hope, Futurist

October 01, 2015 08:00 ET

IoT Expert Jason Hope Comments on ZDNet Article Reporting That Dialog Semiconductor Buys Atmel in Internet of Things Move

In a Bold Move, Dialog Semiconductor Branches Into the Internet of Things With a $4.6 Billion Purchase of Rival Atmel, According to a Report in ZDNet; Jason Hope Discusses This Move and the Importance of Diversification in Relation to the ZDNet Article

SCOTTSDALE, AZ--(Marketwired - October 01, 2015) - The Internet of Things is worth big money, and a recent report on ZDNet shows just how much, with Dialog Semiconductor spending $4.6 billion in an Internet of Things-based purchase of Atmel. This move is believed to be a chance to diversify the Dialog Semiconductor customer base, moving the chip company beyond a reliance on Samsung and Apple, and the subsequent smartphone customers, alone. Jason Hope watches this move with interest, as it shows another way in which the Internet of Things is changing the face of business.

In the September 21 article entitled "Dialog Semiconductor buys Atmel in $4.6bn Internet of Things Play," Jo Best of ZDNet (@forthebest - @ZDNet) discusses the move. According to her report, Dialog Semiconductor has agreed to spend $4.6 billion to purchase Atmel, the US rival to the London-based company.

Before this move, Dialog Semiconductor was focused primarily on the smartphone market, with its main customers being Apple and Samsung. However, smartphone growth is slowing, and the Internet of Things is the next major push in the tech world. Dialog Semiconductor's move shows an interest in diversifying into the IoT market.

"Our new, enlarged company will be a diversified, high-growth market leader in mobile power, IoT and automotive," Jalal Bagherli, CEO of Dialog, was quoted in the ZDNet piece. The transaction will close in the first quarter of 2016.

"Diversification is going to be crucial in the coming years," said Jason Hope. "While investors like me are excited about the growth of the Internet of Things, it is far from the only opportunity. Keeping things diverse will help companies navigate these uncharted waters."

If growth in the Internet of Things market remains on track, Dialog is projecting $2.7 billion in annual revenues as a result of this purchase.

About Jason Hope

Jason Hope is a futurist and entrepreneur who resides in Arizona. He has dedicated his life and his resources to watching the development of technology and supporting local research and charities that aim to make life more comfortable in the future. For more information about his current work, visit www.jasonhope.com.

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