Diodes To Buy Power Analog Microelectronics

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9/28/2012 12:20 PM ET

Diodes Inc. (DIOD: Quote) said Friday that it has entered into an agreement to buy Power Analog Microelectronics, Inc., a provider of advanced analog and high-voltage power ICs.

Terms of the deal were not disclosed.

Power Analog's product portfolio includes Class D audio amplifiers, DC-DC converters and LED backlighting drivers. It has technical and business centers in Shanghai, Shenzhen, Taipei and Tokyo.

The acquisition is expected to close in the fourth quarter of 2012.

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