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Cypress Semiconductor drops bid for chipmaker Atmel

2015-09-29 01:02:06| IT Services - Topix.net

Cypress Semiconductor Corp has withdrawn its offer for Atmel Corp, the second failed attempt by the company to acquire a chipmaker this year. Atmel, which makes small processors called microcontrollers used in a wide array of electronics, agreed this month to be bought by Dialog Semiconductor Plc for about $4.6 billion.

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