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News Breaks
July 7, 2014
08:01 EDTATMLAtmel to acquire Newport Media for $140M
Atmel announced that it has signed a definitive agreement to acquire Newport Media, a provider of high performance low power Wi-Fi and Bluetooth solutions. The purchase price is $140M cash, subject to working capital adjustments, plus an additional earn-out of up to $30M to be paid subject to achievement of future revenue thresholds over two years. The transaction is subject to customary closing conditions, including anti-trust review, and is expected to close during the third calendar quarter. Atmel will fund the transaction with cash on hand and borrowings under its existing credit facility. NMI recorded $43M in annual revenue during 2013 and the acquisition is expected to be accretive to Atmel's non-GAAP financials in the second half of 2015.
News For ATML From The Last 14 Days
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August 24, 2015
18:35 EDTATMLAtmel CEO Steven Laub extends retirement date
Atmel announced that Steven Laub, the company's CEO, agreed to a Board of Directors' request to extend his retirement date to facilitate the completion of an ongoing strategic evaluation process. The company does not intend to make further public announcements regarding the status of the evaluation process until it is completed, and there can be no assurance as to its outcome or timing.
August 21, 2015
05:49 EDTATMLStocks with implied volatility above IV index mean; ANF ATML
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August 20, 2015
05:55 EDTATMLStocks with implied volatility above IV index mean; NTAP ATML
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August 19, 2015
05:55 EDTATMLStocks with implied volatility above IV index mean; ANF ATML
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August 18, 2015
13:32 EDTATMLAtmel collaborates with Intel on Internet of Things applications
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06:01 EDTATMLStocks with implied volatility above IV index mean; WMB ATML
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August 13, 2015
10:53 EDTATMLOptions with increasing implied volatility
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