=Synaptics (SYNA) to be acquired by Dialog Semiconductor (DLGNF)?

Dialog Semiconductor Plc rose after the technology company said it’s proceeding with an attempted takeover of Synaptics Inc., helping it take a step forward in its effort to reduce its reliance on sales to Apple Inc.

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.