Diodes Buys APD Semiconductor

Westlake Village-based Diodes Incorporated said Tuesday that it has acquired APD Semiconductor, a fabless semiconductor company. The asset deal is worth approximately $8M. Diodes said that APD has forecasted revenues of approximately $2.0M for 2006. Redwood City-based APD develops discrete semiconductors used for applications such as power supplies, digital audio, and other products. Diodes is a developer of discrete analog power management devices and other products.