Atmel acquisition in the press

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Have you folks seen the banter about Atmel consider/declining/suffering a friendly/hostile take over by a group led my Microchip?

I'm not starting rumor - just pointing to talk on avrchat and a like posted with an offer letter to Atmel. Odd, becuase I thought that such negotiations were normally done in confidence to prevent run-up/down of stock prices.

WIth this press release, it sounds like a hostile takeover is brewing...
http://www.microchip.com/stellen...

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Yes, it's was posted and has been discussed in a thread this morning.

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and this on atmels home page

http://www.atmel.com/corporate/d...

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So let's list what GOOD could come from this, whereas traditionally, the acquiring company with competing products, well, you know how it goes... keep the customers, dump the similar products and apply a generous dose of NIH:

1. ?

Last Edited: Sat. Oct 4, 2008 - 02:33 AM
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Well I have to wonder what would happen to the AVR line.
Duplication might not make a lot of sense if the product is know under the Microchip flagship.
I do like the cost of the AVR tools verses that of the Microchip offerings. And in the same breath I would admit that Microchip seems to have the market share(?).
Gee, I am just hoping the DIL packages continue to be available for a few more years. :mrgreen:

I'll believe corporations
are people when Texas executes one.

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My question is what about the Flash, is microchip and On close "partners" ?
Does anyone know where microchip get there flash tech?

Atmel still make a lot of 8051xxxx chips, so they make more than there own (and still make them better).

Jens

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This story makes it sound like Atmel is in a lose-lose situation just because Microchip/ON made an insincere non-obligatory buy-out offer and put that into the press. Malice aforethought? Seems like Atmel could sue for material damages (stock price impact, shareholder equity declines).

http://www.marketwatch.com/news/...{A29CDC4C-F0F3-4A87-88CD-8A645AD7D12C}&dist=msr_20

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stevech wrote:
Atmel could sue for material damages (stock price impact, shareholder equity declines).
Maybe long-term decline, but ATML is sure riding a short-term boost based on the offer.