Synaptics Incorporated and Dialog Semiconductor PLC in Transaction Discussions
June 19 2018 - 4:40PM
Synaptics Inc. (NASDAQ:SYNA), today confirmed that it is engaged in
discussions with Dialog Semiconductor plc (XETRA: DLG) regarding
the potential acquisition of Synaptics by Dialog. There is no
assurance that a transaction will result from these discussions.
Any transaction will be subject to U.S. and certain foreign
regulatory approvals and the approval of the Synaptics and Dialog
boards and Synaptics stockholders. Synaptics does not intend to
make any additional comments regarding the discussions, and any
further statements will be made if and when appropriate.
Forward-Looking Statements: This press release
contains forward-looking statements that are subject to the safe
harbors created under the Securities Act of 1933, as amended, and
the Securities Exchange Act of 1934, as amended.
Forward-looking statements give our current expectations and
projections relating to our financial condition, results of
operations, plans, objectives, future performance and business, and
can be identified by the fact that they do not relate strictly to
historical or current facts. Such forward-looking statements may
include words such as ”expect,” “anticipate,” “intend,” “believe,”
“estimate,” “plan,” “target,” “strategy,” “continue,” “may,”
“will,” “should,” variations of such words, or other words and
terms of similar meaning. All forward-looking statements reflect
our best judgment and are based on several factors relating to our
operations and business environment, all of which are difficult to
predict and many of which are beyond our control. Such factors
include, but are not limited to, the risks as identified in the
“Risk Factors,” “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” and “Business” sections of our
Annual Report on Form 10-K for the fiscal year ended June 24, 2017,
and other risks as identified from time to time in our Securities
and Exchange Commission reports. Forward-looking statements are
based on information available to us on the date hereof, and we do
not have, and expressly disclaim, any obligation to publicly
release any updates or any changes in our expectations, or any
change in events, conditions, or circumstances on which any
forward-looking statement is based. Our actual results and
the timing of certain events could differ materially from the
forward-looking statements. These forward-looking statements do not
reflect the potential impact of any mergers, acquisitions, or other
business combinations that had not been completed as of the date of
this release.
About Synaptics: Synaptics is the pioneer and
leader of the human interface revolution, bringing innovative and
intuitive user experiences to intelligent devices. Synaptics’ broad
portfolio of touch, display, biometrics, voice, audio, and
multimedia products is built on the company’s rich R&D,
extensive IP and dependable supply chain capabilities. With
solutions designed for mobile, PC, smart home, and automotive
industries, Synaptics combines ease of use, functionality and
aesthetics to enable products that help make our digital lives more
productive, secure and enjoyable. (NASDAQ: SYNA)
www.synaptics.com.
Join Synaptics on Twitter, LinkedIn, and Facebook, or visit
www.synaptics.com.
Synaptics, and the Synaptics logo are trademarks of Synaptics in
the United States and/or other countries. All other marks are the
property of their respective owners.
For further information, please contact: David
Hurd Synaptics +1-408-904-2766 david.hurd@synaptics.com
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