For reasons outlined in the article Dialog might instead go for a software acquisition such as Movea SA of Grenoble (www.movea.com) through which it can offer value to the handset makers without getting involved in the delivery of the punishingly low-cost inertial MEMS.
Those inertial MEMS are really a game for manufacturers such as ST and Bosch and even they are looking to get into higher ASP MEMS.
I reckon that if Dialog does acquire a MEMS hardware company it should be in one of the newer areas where there is room to charge a decent ASP and grow with the market. So that might be RF MEMS, oscillator MEMS, or gas sensors, lab-on-a-chip and so on.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.