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News 2026-07-14 12:50 UTC

Diodes to Acquire Elevate Semiconductor for $250 Million in Cash

() -- Diodes (DIOD) said Tuesday it has signed an agreement to acquire San Diego, California-based Elevate Semiconductor in an all-cash transaction for $250 million. The acquisition is expected to be immediately accretive to Diodes' revenue, gross margin, and earnings per share, the company said. Diodes said the deal i