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Atmel (ATML) tries to tap a growth market by acquiring Ozmo, a developer of ultra-low-power...

  • Thursday, December 20, 2012, 9:20 AM ET
    Atmel (ATML) tries to tap a growth market by acquiring Ozmo, a developer of ultra-low-power Wi-Fi chips for the proverbial "Internet of things." Ozmo doesn't directly compete with Wi-Fi leaders such as Broadcom, Intel, and Qualcomm, but instead focuses on embedded devices such as speakers, thermostats, and remote controls, where low power consumption and small size are at a premium. Atmel notes Ozmo is a leader in Wi-Fi Direct solutions, which are expected to show a 100% CAGR through 2015.
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This news story has 3 comments:

  •  
    Any news yet on the purchase price?
    20 Dec 2012, 04:47 PM Reply Like
  •  
    will this creating a loss on next earnings?
    1 Feb, 12:02 PM Reply Like
  •  
    Purchase was a cash deal, common shareholders received very little, so I suspect the price was in the range near what they took in funding. (Ozmo took $31.6M in funding).
    3 Feb, 01:48 PM Reply Like
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