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.
Replay available now: A handful of emerging network technologies are competing to be the preferred wide-area connection for the Internet of Things. All claim lower costs and power use than cellular but none have wide deployment yet. Listen in as proponents of leading contenders make their case to be the metro or national IoT network of the future. Rick Merritt, EE Times Silicon Valley Bureau Chief, moderators this discussion. Join in and ask his guests questions.