Seeking Alpha

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

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.
Comments (3)
  • simonbarber
    , contributor
    Comments (4) | Send Message
     
    Any news yet on the purchase price?
    20 Dec 2012, 04:47 PM Reply Like
  • LumiaMan
    , contributor
    Comments (324) | Send Message
     
    will this creating a loss on next earnings?
    1 Feb 2013, 12:02 PM Reply Like
  • simonbarber
    , contributor
    Comments (4) | Send Message
     
    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 2013, 01:48 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs