[8][9] Derhacobian formerly served in senior technical and managerial roles at AMD, Virage Logic, and Cswitch Corporations.

In May, the company acquired S3 Semiconductors, a provider of analog and mixed-signal ASICs and Intellectual Property (IP) cores.

[15] The company's offerings were expanded to include ASICs and IP from S3 Semiconductors and embedded systems from Echelon Corporation,[16] in addition to its original non-volatile memory (NVM) products.

[17] In 2018 Adesto started a cooperation with the University of California San Diego in order to explore the possibility for calculations to be made directly in the memory.

[18] In 2020, Adesto was acquired by Dialog Semiconductor, a company headquartered in Reading, United Kingdom, for $500 million.