Needham & Company Upgrades Microchip Technology (MCHP) to Buy
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Microchip Technology (MCHP) Prelim. Q3 EPS Outpaces Views
January 19, 2016 4:45 PM ESTMicrochip Technology Incorporated (NASDAQ: MCHP) announced preliminary results for its third quarter of fiscal year 2016, as follows:
Microchip Consolidated Guidance - Non-GAAP
(provided on November 4, 2015)
Non-GAAP
... MoreMicrochip Technology (MCHP) to Acquire Atmel (ATML) in $3.56B Deal
January 19, 2016 4:44 PM ESTMicrochip Technology Incorporated (NASDAQ: MCHP) and Atmel Corporation (NASDAQ: ATML) announced that Microchip has signed a definitive agreement to acquire Atmel for $8.15 per share in a combination of cash and Microchip common stock. The acquisition price represents a total equity value of about $3.56 billion, and a total enterprise value of about $3.40 billion, after excluding Atmel's cash and investments net of debt on its balance sheet of approximately $155.0 million at December 31, 2015.
"We are delighted to welcome Atmel employees to Microchip and look forward to closing the... More
Wedbush Remains Neutral as Atmel Corp (ATML) Dumps Dialog for Microchip (MCHP)
January 14, 2016 9:29 AM ESTWedbush maintained a Neutral rating on Atmel (NASDAQ: ATML), and cut the price target to $8.00 (from $9.00), as the company's Board determines that Microchip Technology's (NASDAQ: MCHP) proposal to acquire ATML constitutes a "Superior Proposal" to its merger... More
