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Microchip Technology Announces That its Proposal to Acquire Atmel Has Been Deemed a "Superior Proposal" By Atmel's Board of Directors

2016-01-19 11:31:07| Industrial Newsroom - All News for Today

CHANDLER, Ariz.  Microchip Technology Incorporated (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions today announced that it was informed last night that the Board of Directors of Atmel Corporation (NASDAQ: ATML) had determined that Microchip's proposal to acquire...

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Atmel Says Microchip Offer Superior to Dialog Semiconductor

2016-01-14 15:09:00| Electronics - Topix.net

Atmel Corp.'s board said an unsolicited bid from Microchip Technology Inc. is a "superior proposal" to the terms of the merger agreement it had signed with Dialog Semiconductor Plc last year. The binding offer from Microchip is for $8.15 a share, with $7 in cash and a fraction of a share of Microchip common stock valued at $1.15 based on a 10-day average closing price, Atmel said in a statement Wednesday.

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Microchip Offers Award-winning MPLAB XC PRO Compilers in Low-cost, Renewable Monthly Subscription License

2016-01-14 11:31:11| Industrial Newsroom - All News for Today

With the Ability to License PRO Compiling Optimizations on an As Needed Basis, Embedded System Designers Enjoy Profound Flexibility CHANDLER, Ariz. - Microchip Technology Inc. (NASDAQ: MCHP),  a leading provider of microcontroller, analog and Flash-IP solutions, today announced a flexible, low-cost, renewable...

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Atmel deems $8.15/share Microchip offer superior to Dialog's

2016-01-13 16:09:18| Semiconductors - Topix.net

Microchip has "delivered a binding acquisition agreement" to Atmel that calls for acquiring Atmel for $7/share in cash + $1.15/share in Microchip stock. Altogether, Microchip would issue 13M+ shares.

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Gresham OKs tax break for Microchip

2016-01-09 03:56:31| Semiconductors - Topix.net

The Gresham City Council voted unanimously Tuesday night to give Microchip Technology a $2.04 million property tax break to help it with a nearly $40 million expansion at its semiconductor plant on Southeast Stark Street. It's the ninth company to get one and the 13th tax break approved by the council since Gresham created six enterprise zones in 2006 to encourage industrial expansion.

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