Microchip Acquires Atmel

Archive
1

It is official - Atmel is now a subsidiary of Microchip Technology Inc

http://www.microchip.com/docs/default-source/announcements-documents/atmel-customer-letter-april-2016.pdf?utm_campaign=May_2016_eNewsletter_A&utm_medium=email&utm_source=Eloqua

2

Is this the old “can’t beat em’ so buy em’” routine?

3

No, from what I’ve heard it is more related to money and corporate dysfunction on the ATMEL side. This has resulted in shuttering or repricing of certain lines.