Synaptics Incorporated and Dialog Semiconductor Terminate Discussions
31 Julho 2018 - 9:06PM
Synaptics Incorporated (NASDAQ: SYNA), the leading developer of
human interface solutions, today announced it has terminated its
previously-announced discussions with Dialog Semiconductor plc
(XETRA: DLG) regarding the potential acquisition of Synaptics by
Dialog. Synaptics does not intend to make any additional comments
regarding the discussions at this time.
“Synaptics is a global leader and technology innovator in
multiple high growth markets, and interest by a number of industry
players underscores the tremendous value inherent to our company,”
said Rick Bergman, president and CEO, Synaptics. “We are extremely
confident in our strategic direction and excited by the significant
opportunities before us. We are well-positioned to continue as a
standalone growth company and will remain disciplined in generating
superior long-term value for our shareholders. We expect to report
earnings per share for our recently completed fourth quarter at the
high end of our prior guidance and look forward to providing more
detail on the fourth quarter on our earnings call scheduled
for August 9, 2018.”
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.
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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:
Investors: Jennifer Jarman The Blueshirt Group +1-415-217-5866
jennnifer@blueshirtgroup.com
Public Relations: David Hurd Shasta Incorporated 408-904-2766
david.hurd@synaptics.com