Atmel Completes Newport Media Acquisition Acquisition Expands Atmel's Wireless Portfolio to include Wi-Fi 802.11n and Bluetooth
SAN JOSE, Calif., July 31, 2014 /PRNewswire/ -- Atmel® Corporation (NASDAQ: ATML), a leader in microcontroller and touch technology solutions, today announced that it has closed the acquisition of Newport Media, Inc. ("NMI"), a leading provider of advanced Wi-Fi and Bluetooth solutions.
"We are pleased to have the talented team of Newport Media join Atmel," said Steve Laub Atmel's President and CEO. "This acquisition immediately expands Atmel's already strong wireless portfolio with the addition of 802.11n Wi-Fi and Bluetooth and will accelerate our introduction of low-energy Bluetooth products. NMI's products combined with Atmel's connectivity and ultra-low power microcontrollers further strengthen our leading position in the Internet of Things marketplace."
Atmel is a worldwide leader in the design and manufacture of microcontrollers, capacitive touch solutions, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel is able to provide the electronics industry with complete system solutions focused on industrial, consumer, communications, computing and automotive markets.
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