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Microchip Technology to buy Atmel for $3.56B

2016-01-20 04:12:50| Semiconductors - Topix.net

Microchip Technology Inc. says it has a deal to acquire rival chipmaker Atmel for roughly $3.56 billion in cash and stock. Microchip Technology to buy Atmel for $3.56 billion Microchip Technology Inc. says it has a deal to acquire rival chipmaker Atmel for roughly $3.56 billion in cash and stock.

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Atmel Board Determines That Microchip Unsolicited Proposal Constitutes a "Company Superior Proposal"

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

SAN JOSE, Calif.  Atmel Corporation (Nasdaq: ATML), a leader in microcontroller and touch solutions, today announced that its Board of Directors has determined that the unsolicited acquisition proposal received from Microchip Technology Inc. (Nasdaq: MCHP) constitutes a "Company Superior Proposal," as defined in...

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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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UPDATE 1-Dialog shares rise after losing bid for Atmel

2016-01-15 12:54:38| Semiconductors - Topix.net

FRANKFURT, Jan 15 Shares in Dialog Semiconductor Plc rose as much as 9 percent on Friday after it said it would not enter a bidding war for U.S. chipmaker Atmel Corp . Earlier this week Atmel said it considered rival suitor Microchip Technology Inc's $3.42 billion cash-and-stock proposal superior to an agreed offer from Dialog.

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Dialog declines to raise bid for Atmel

2016-01-15 09:56:00| Telecompaper Headlines

(Telecompaper) Dialog Semiconductor has decided not to raise its bid for Atmel, acknowledging that a rival bid from Microchip Technology was superior and that a higher bid was not in the interests of its shareholders. Under the merger agreement that was signed between Atmel and Dialog, Atmel will have to pay a termination fee of USD 137.3 million.

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