Microchip to Buy Atmel for Nearly $3.6 Billion

Microchip to Buy Atmel for Nearly $3.6 Billion

 

Microchip Technology to Buy Atmel for Nearly $3.6 Billion @ The New York Times.

Microchip Technology agreed to acquire a fellow chipmaker, the Atmel Corporation, for about $3.6 billion, part of a wave of mergers and acquisitions within the semiconductor industry.

Chip makers have been combining to cut costs and build scale for their customers. Microchip agreed to acquire the 37-year-old chipmaker Micrel in May for about $839 million. Microchip purchased Supertex for $394 million in 2014, and the year before that, bought the closely held Brussels-based EqcoLogic for an undisclosed amount.

Microchip joins larger peers in this round of consolidation, including Avago Technologies, which agreed to acquire Broadcom for $37 billion, one of the biggest deals ever within the semiconductor industry.

Microchip to Buy Atmel for Nearly $3.6 Billion – [Link]

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Mike is the founder and editor of Electronics-Lab.com, an electronics engineering community/news and project sharing platform. He studied Electronics and Physics and enjoys everything that has moving electrons and fun. His interests lying on solar cells, microcontrollers and switchmode power supplies. Feel free to reach him for feedback, random tips or just to say hello :-)

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