Diodes Completes Acquisition of ElevATE Semiconductor, Expanding Presence in High-Growth ATE Market

Diodes Completes Acquisition of ElevATE Semiconductor, Expanding Presence in High-Growth ATE Market

Diodes Incorporated (Diodes) (Nasdaq: DIOD) today announced the successful completion of its acquisition of ElevATE Semiconductor, Inc. ("ElevATE"), a leading provider of high-performance integrated circuits for the Automated Test Equipment (ATE) market, in an all-cash transaction for $250 million.