Key Developments: Atmel Corp (ATML.O)
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Latest Key Developments (Source: Significant Developments)
Infineon Technologies AG Settles Patent Infringement Row With Atmel Corp-Reuters
Reuters reported that Infineon Technologies AG said it has settled a patent infringement claim against Atmel Corp, ending a legal dispute that has been ongoing for more than two years. As part of the settlement, Atmel will pay Infineon an undisclosed sum, Infineon sad in a statement. Infineon initiated proceedings against Atmel in April 2011, filing a complaint against the Company in the U.S. District Court for the District of Delaware. The patents in the suit and countersuit are related to microcontrollers. Full Article
Atmel Corp's maXTouch T Series Single-Chip Controllers Power Touchscreens for Multiple New ASUS Tablets and Ultrabooks
Atmel Corp announced that ASUS has selected Atmel's recently launched mXT2952T and mXT1664T controllers to power the touchscreens for multiple new tablets and Ultrabooks including the newly launched Zenbook Infinity. Full Article
Atmel Corp Confirms Appointment of Steve Skaggs as Permanent Chief Financial Officer
Atmel Corp announced that Steve Skaggs has been appointed as the Company's permanent Senior Vice President & Chief Financial Officer, effective immediately. Mr. Skaggs had been serving as interim Chief Financial Officer since April 2, 2013. Full Article
Atmel Corp Issues Q2 2013 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Atmel Corp announced that for second quarter of 2013, it expects revenue to be in the range of $339-$355 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $349 million for second quarter of 2013. Full Article
Atmel Corp Raises Low end of Prior Q1 2013 Revenue Guidance To A Range In Line With Analysts' Estimates; Appoints Steve Skaggs As Interim Chief Financial Officer
Atmel Corp announced that it has raised the lower end of its previously announced guidance range for the first quarter of 2013 revenues to $318 million to $328 million from the prior range of $311 million to $328 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $321 million for the first quarter of 2013. The company also announced that Steve Skaggs , who currently serves as Atmel's Senior Vice President of Corporate Strategy & Development, has also been appointed interim Chief Financial Officer (CFO) of Atmel, effective immediately. This appointment follows Stephen Cumming 's decision to resign as Atmel's Vice President of Finance and Chief Financial Officer (CFO). Full Article
Kyocera Selects Atmel Corp To Power Touchscreens In Rise, Hydro And Digno S Smartphones
Atmel Corp announced that Kyocera has selected Atmel to provide touchscreen controllers for new Rise, Hydro and Digno S smartphones. Full Article
Integrated Device Technology Inc Divests Smart Meter Business to Atmel Corp
Integrated Device Technology Inc announced IDT has transferred the assets and design team of its smart metering IC product lines to Atmel Corp in an all-cash transaction. Terms of the deal were not disclosed. Full Article
Atmel Corp Issues Q1 2013 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Atmel Corp announced that for first quarter of 2013, it expects revenue to be in the range of $311-$328 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $328 million for first quarter of 2013. Full Article
Atmel Corp and Wasion Group To Develop PRIME PLC Smart Meter Solutions
Atmel Corp and Wasion Group announced the two companies have signed a memorandum of understanding (MoU) to develop smart electricity meters and data concentrators utilizing integrated power line communication (PLC) solutions developed by Atmel. Atmel and Wasion Group will collaborate on product developments based on the Atmel ATPL210, ATPL220 and recently announced SAM4SP32A, a single-chip PRIME compliant system-on-chip solution based on an ARM Cortex-M4 processor-based microcontroller (MCU) core with 2MB of Flash memory, supported by Atmel Studio 6 integrated development platform (IDP). Full Article
ASUS Selects Atmel Corp's XSense Flexible Touch Sensor
Atmel Corp announced that mobile computing provider ASUS has selected the recently launched Atmel XSense touch sensor for a next-generation tablet scheduled to be released to the market in Q1 2013. Full Article
Infineon settles patent infringement row with Atmel
FRANKFURT - German chipmaker Infineon said it has settled a patent infringement claim against Atmel , ending a legal dispute that has been ongoing for more than two years.
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