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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