Microchip's Sanghi: Why we want Atmel
Bolaji Ojo, EE Times
(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:
(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
- UCIe D2D Adapter & PHY Integrated IP
- Low Dropout (LDO) Regulator
- 16-Bit xSPI PSRAM PHY
- ASIL B Compliant MIPI CSI-2 CSE2 Security Module
- SHA-256 Secure Hash Algorithm IP Core
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
- Perceptia Devices and Dolphin Semiconductor Partner to Deliver Best-in-Class IP Portfolio Covering Power Management, Clocking, High-Quality Audio and In-Situ Monitoring
- TSMC Chases Soaring AI Demand
- EU DARE Project Is Scrambling to Replace Codasip
- Sofics and Alcyon Photonics Partner to Support Next-Generation Photonic Systems
- QuickLogic Appoints Quantum Leap Solutions as Authorized Sales Representative