Re: [avr-chat] What does potential Microchip buy out of Atmel mean forfuture of AVR?

[Bob Paddock]

On Thursday 02 October 2008 05:22:18 pm Weddington, Eric wrote:

> Remember, the news reports says that this an *offer* to buy the company.
> The news reports also say that discussions between the CEO took place in
> early September and that Atmel's Board of Directors *declined* the offer at
> that time.

Yes, that did happen in September, this happened yesterday (Oct 2/2008):

http://www.eetimes.eu/showArticle.jhtml?articleID=210605347&cid=NL_eeteu

"We feel our offer is too compelling not to take it to shareholders," said 
Steve Sanghi, chairman, president and CEO at Microchip, during a conference 
call with analysts following the announcement of the offer on Thursday (Oct. 
2). "We came to this point after we heard from Atmel that they were not 
interested."




-- 
                http://www.wearablesmartsensors.com/
 http://www.softwaresafety.net/ http://www.designer-iii.com/
                 http://www.unusualresearch.com/