ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Renesas saddled with $10bn in goodwill after acquiring Dialog

Investors skittish about Japanese chipmaker shares despite booming demand

Investors are wondering if the Dialog acquisition makes sense, as indicated by Renesas shares falling 7% on Feb. 8 after news of the takeover broke.

TOKYO -- Renesas Electronics has made another big acquisition, one that has analysts questioning whether the move will pay off.

The Japanese chipmaker announced on Feb. 8 that it will buy U.K. chip designer Dialog Semiconductor for 617.9 billion yen ($5.86 billion) in its third strategic purchase after two major acquisitions in 2017 and 2019, which cost the company about 1 trillion yen.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more