Diodes Incorporated Enters into Agreement to Acquire Power Analog Microelectronics

Power Analog Microelectronics (PAM) is a provider of advanced analog and high-voltage power ICs. The company’s product portfolio includes Class D audio amplifiers, DC-DC converters and LED backlighting drivers. PAM was founded in Silicon Valley in 2004 and has technical and business centers in Shanghai, Shenzhen, Taipei and Tokyo.

Dr Keh-Shew Lu, President and CEO of Diodes said, “The acquisition of Power Analog Microelectronics will strengthen our position as a global provider of high-quality analog products by expanding Diodes’ product portfolio with innovative filter-less digital audio amplifiers, application-specific power management ICs, as well as high-performance LED drivers and DC-DC converters. The highly complementary nature of our businesses will provide immediate benefits to our customers, while generating long-term value for our shareholders and employees.”

Johnston C. Chen, President and CEO of Power Analog Microelectronics added, “With both companies focused on high-efficiency, space-saving analog IC products, there are tremendous synergies to be leveraged through the acquisition. The resulting expansion of product portfolios and access to a larger customer base and even greater application expertise are clear advantages to next generation product design.”