Chandler, Arizona – January 13, 2016 – Microchip Technology Incorporated (NASDAQ: MCHP), a
leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions today announced that it
was informed last night that the Board of Directors of Atmel Corporation (NASDAQ: ATML) had
determined that Microchip’s proposal to acquire Atmel for $8.15 per share in a cash and stock transaction
constitutes a "Superior Proposal" under the terms of Atmel’s merger agreement with Dialog
Semiconductor PLC.
www.microchip.com/investor/Pressrelease/MCHP Announces Proposal to Acquire ATML Deemed a Superior Proposal by ATML BOD.011316.pdf
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