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[$$] Apple Swoops Up Engineers From Key Supplier as It Bolsters In-House Chip Design

Under the deal, Apple will transfer to its workforce a group of Dialog engineers who have already been supporting Apple’s chip development, Dialog said early Thursday. Apple will pay Dialog $300 million in cash and prepay $300 million for Dialog products to be delivered over the next three years, Dialog said in a statement early Thursday. As part of the deal, Apple will also assume control of certain Dialog facilities in Italy, Germany and the U.K.

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