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So long Atmel in Colorado Springs; hello Microchip
2016-04-05 01:31:46| Electronics - Topix.net
Atmel Corp., which has operated a semiconductor manufacturing plant in Colorado Springs since 1989, passed into the history books Monday when it was acquired by Arizona-based Microchip Technology Inc. for $3.56 billion. Microchip said Monday that Atmel revenue dropped sharply in the first quarter to between $219 million and $221 million, or down more than 15 percent from the previous quarter and off more than 30 percent from the first quarter of 2015.
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So long Atmel in Colorado Springs; hello Microchip
2016-04-04 22:46:46| Semiconductors - Topix.net
Atmel Corp., which has operated a semiconductor manufacturing plant in Colorado Springs since 1989, will pass into the history books Monday when it is acquired by Arizona-based Microchip Technology Inc. for $3.56 billion. Atmel shareholders on Friday overwhelmingly approved the transaction, which topped an earlier deal with London-based Dialog Semiconductor that the British company had declined to top.
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Microchip Technology Provides Update On Closing Of Atmel Acquisition
2016-04-02 18:51:59| Semiconductors - Topix.net
Microchip also announced that the average closing price of Microchip common stock based on the ten trading days ending on per share and, based on such price and the terms of the merger agreement, Microchip will issue a total of approximatelyi 1 210.1 million shares to the stockholders of Atmel in the transaction with each share of Atmel common stock being exchanged for following the closing of the merger.i 1 2 On this call, Microchip will provide information about the expected financial results for Atmel for the quarter ended that analysts and investors should find useful in modeling the results of Microchip following the cloing.i 1 2 Thus, analysts and investors may want to hold off incorporating Atmel's results with Microchip's financial model until after the conference call.i 1 2 This call will be simulcast over the Internet at , 2016.i 1 2 Interested parties may listen to the replay ... (more)
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Microchip Technology to Acquire Atmel
2016-01-26 11:31:08| Industrial Newsroom - All News for Today
Creates Microcontroller, Analog and IOT Powerhouse Immediately accretive to non-GAAP earnings per share Estimated $170 million in synergies in fiscal year 2019 that begins on April 1, 2018 CHANDLER, Ariz. and SAN JOSE, Calif. Microchip Technology Incorporated (NASDAQ: MCHP), a leading provider of...
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Microchip Technology to buy Atmel for $3.56B
2016-01-20 05:48:19| Electronics - 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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