Diodes Buys British Semiconductor Maker

Diodes Inc. added to its product line with the acquisition of Zetex, a British-based semiconductor manufacturer. Diodes, with engineering and marketing offices in Camarillo, will pay $176.3 for the company. The sale is subject to approval by Zetex shareholders and court in the United Kingdom. Zetex designs and manufactures high-performance analog and discrete semiconductors for a variety of applications. The company employs more than 650 people worldwide. The acquisition contributes a wide range of new discrete and analog products and capabilities that will aid in deeper penetration of our key end-markets, said Diodes President and CEO Keh-Shew Lu.