Microchip's Sanghi: Why we want Atmel
Bolaji Ojo, EE Times
(10/03/2008 9:35 AM EDT)
(10/03/2008 9:35 AM EDT)
Steve Sanghi, Microchip Technology Inc.'s chairman, president and CEO, said in an interview with EETimes that his company is bidding to acquire Atmel Corp. for $2.3 billion in a tie-up with ON Semiconductor Corp. to increase market share, cut costs and improve profitability in the microcontroller business.
Although the bid has turned hostile following Atmel's rejection of Microchip's initial offer, Sanghi insisted he would still like to renew negotiations with Atmel's management. Microchip would consider other options if this effort failed, however, he said. Here are excerpts from the interview:
To read the full article, click here
Related Semiconductor IP
- Rad-Hard GPIO, ODIO & LVDS in SkyWater 90nm
- 1.22V/1uA Reference voltage and current source
- 1.2V SLVS Transceiver in UMC 110nm
- Neuromorphic Processor IP
- Lossless & Lossy Frame Compression IP
Related News
- Microchip Technology To Acquire Atmel
- Microchip develops new flash technology to cut cost of re-programmable MCUs
- Agere Systems Delivers Custom Microchip with Largest Number of ARM Processors Ever Integrated into a Single Chip
- Genesis Microchip Takes License for MIPS Technologies’ MIPS32 4KEc Core
Latest News
- proteanTecs Unveils Industry-Leading Voltage and Thermal Sensor Built for 2nm
- Arteris Builds on Growth With Product Launches, Strategic Licensing Agreements
- Synopsys Announces Expanding AI Capabilities for its Leading EDA Solutions
- Fraunhofer IIS receives EMMY® Award for its JPEG XS high-quality, low-latency video codec
- Chip Interfaces and Soliton Technologies jointly test their I3C Solution at MIPI Plugfest in Poland