Apple Gets Critical iPhone Technology in $600 Million Dialog Deal

Apple Gets Critical iPhone Technology in $600 Million Dialog Deal
The Dialog Semiconductor logo is pictured at a company building in Germering near Munich on Aug. 15, 2016. Reuters/Michaela Rehle
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SAN FRANCISCO/FRANKFURT—Apple Inc. is taking control over the power-management technology at the heart of its iPhones in a $600 million deal with Dialog Semiconductor that also secures the German-listed company’s role as a supplier to the U.S. tech giant.

The agreement to license technology and take on people from the Anglo-German chip designer is not only unusual, but also the largest of its kind by Apple, whose last sizeable acquisition was the $350 million purchase of Face ID creator PrimeSense in 2013.