Diodes to Acquire ElevATE Semiconductor for $250 Million to Expand ATE Portfolio

The acquisition will expand Diodes’ analog and mixed-signal offerings Diodes Incorporated has announced a definitive agreement to acquire San Diego-based fabless semiconductor company ElevATE Semiconductor in an all-cash deal valued at $250 million, strengthening its presence in the automated test equipment (ATE) market. The acquisition combines ElevATE’s expertise in low-power, high-density integrated circuits for ATE […]