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Stock Market & Financial Investment News

News Breaks
December 19, 2012
19:34 EDTATMLAtmel acquires Ozmo
Atmel Corporation announced that it has entered into a definitive agreement to acquire Ozmo that will expand Atmel's wireless offerings. Atmel expects the transaction to close by year end and to be accretive to Atmel's earnings in 2014.
News For ATML From The Last 14 Days
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February 4, 2016
07:00 EDTATMLSilicon Laboratories an attractive acquisition target, says Citi
Citi analyst Atif Malik calls Silicon Laboratories (SLAB) an attractive acquisition target after the company beat Q4 earnings expectations. He contends Silicon would garner a 15% premium to peer Atmel's (ATML) takeout price. If Atmel is worth $8.15 per share, Silicon Laboratories is worth $50, Malik tells investors in a post-earnings research note. He lowered his price target for Silicon to $50 from $58 and keeps a Buy rating on the name.

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