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Now, though, the deal is done: Microchip will acquire Atmel for $3.56 Billion. There are three main companies out there making microcontrollers that are neither ancient 8051 clones or ARM devices ...
Microchip Technology Inc. is shelling out $3.56 billion for San Jose-based Atmel. Microchip Technology Inc.’s multibillion dollar acquisition of A San Jose-based semiconductor maker will bolster ...
Microchip lobbed an unsolicited bid to buy Atmel in 2008 and then launched a proxy fight which it later withdrew. (Reporting by Liana B. Baker in New York; Editing by Bill Rigby and Lisa Shumaker) ...
Microchip Technology Inc. said it agreed to buy Atmel Corp. in a transaction valued at $3.56 billion, ending a bidding war amid record semiconductor industry consolidation.
Microchip Technology Inc.MCHP-0.69%decrease; red down pointing triangle signed a deal to buy Atmel Corp., which said last week that Microchip’s unsolicited bid was superior to an agreement with ...
Phoenix-based ON ONNN and Chandler, Ariz.-based Microchip announced an unsolicited $5-a-share offer in October, but Atmel said the $2.3 billion proposal "significantly" undervalued the company and ...
Microchip Technology and On Semiconductor have made a $2.3 billion bid for semiconductor maker Atmel Corp., the companies announced Thursday. Atmel designs and manufactures microcontrollers ...
Microchip Technology Inc. MCHP -2.30% on Monday said it expected sales and earnings from recently acquired Atmel Corp. to be “significantly lower” in its latest quarter than the one prior.
Shares of Microchip have fallen 29 percent to $20.60, while those of Atmel have risen 19 percent to $3.90 since October 1, 2008.
Microchip Technology Inc. says it is ending its bid to acquire Atmel Corp. and is withdrawing its slate of director-nominees for the company’s upcoming board elections.
It called Microchip’s offer “superior.” Microchip and Atmel say their agreement is worth $8.15 per share, or $3.4 billion, excluding $155 million in Atmel’s cash and investments.
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