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UPDATE 1-Dialog Semiconductor to buy Atmel for $4.6 billion

2015-09-20 17:17:49| Semiconductors - Topix.net

German chipmaker Dialog Semiconductor has agreed to buy U.S. rival Atmel for about $4.6 billion, adding to a wave of dealmaking in the sector. Dialog said on Sunday Atmel shareholders would receive $4.65 in cash and 0.112 of a Dialog Semiconductor American Depository Share for each Atmel common share, equivalent to $10.42 per Atmel share based on Dialog's closing price as of Sept.

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