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Dialog chooses Germany as EU base

Dialog chooses Germany as EU base

Business news |
By Nick Flaherty



Dialog was obliged to nominate a state within the European Union as its home EU location following the end of the Brexit transition period and the UK ceasing to be part of the European Union.

The company said it had opted for Germany because shares in the company have been admitted for trading on the Frankfurt Stock Exchange, the only place in the European Union where the stocks are traded.

This means that Dialog will fall under the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht,“BaFin”) for certain financial rules and notification pratices.

The company says it will continue to be headquartered in London with global sales, R&D and marketing based there. In 2019 it had $1.4 billion in revenue.

www.dialog-semiconductor.com

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