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ElevATE Semiconductor
Plano-based Diodes Incorporated is acquiring San Diego's ElevATE Semiconductor, expanding its footprint in the automated test equipment chip market. [Image: Diodes Incorporated]
Plano-Based Diodes to Acquire San Diego’s ElevATE Semiconductor for $250M
by Dave Head | Jul 15, 2026
The all-cash deal is expected to add $50 million in revenue within its first year as Diodes expands into the fast-growing automated test equipment market.
