Tag Archives: atml

Could Microchip-Atmel Mix Slug Apple Supplier NXP?

Microchip Technology (MCHP) confirmed late Tuesday its $3.56 billion agreement to buy chipmaker Atmel (ATML) and released preliminary fiscal Q3 sales and earnings that narrowly topped Wall Street views. Microchip stock was up nearly 1% in after-hours trading Tuesday, after its announcements. It had risen 2.9% in the regular session, to 41.70. Atmel stock was flat after hours after rising a fraction in the regular session. The deal is expected to

Microchip Undercuts Apple Supplier Dialog For Atmel

Microchip Technology (MCHP) has won an eight-year battle to buy chipmaker Atmel (ATML), ousting British Apple (AAPL) supplier Dialog Semiconductor with a $3.5 billion “superior proposal.” Dialog said Thursday that it wouldn’t up its $4.6 billion offer for San Jose, Calif.-based Atmel. In September, Dialog bid $10.42 per share — equating to $4.65 in cash and 0.112 of a Dialog American depositary receipt for each share of Atmel owned. Under

Chinese Duo Ups Ante In Fairchild Chip Bidding War

A Chinese duo tied to Tsinghua Unigroup tried to scoop Fairchild Semiconductor (FCS) from ON Semiconductor (ON) with an unsolicited bid as, separately, rumors brewed that Microchip Technology (MCHP) could make an offer for Atmel (ATML) that would top the bid made by Apple (AAPL) supplier Dialog Semiconductor. Wall Street’s eyes zeroed in Tuesday on the Fairchild M&A. In early trading on the stock market today, Fairchild stock surged as much as