Microchip to buy out Atmel?

[Admin]

I hope this doesn't happen . . . reduced competition is always bad for us customers!

http://www.eetimes.com/news/latest/showArticle.jhtml?articleID=210605347

and the press release:
http://www.microchip.com/stellent/idcplg?IdcService=SS_GET_PAGE&nodeId=2018&mcparam=en537485

[TrickyNekro]

I don't even like to hear it...
I get my atmegas at 4Euro max...
I don't want them on the double....

[Admin]

hooray microchip will not buy atmel!

http://www.atmel.com/dyn/corporate/view_detail.asp?ref=&FileName=AtmelBoardofDirectorsResponse_10_29.html&SEC_NAME=

San Jose, CA, October 29, 2008…Atmel® Corporation (Nasdaq: ATML), today announced that, after careful consideration, its Board of Directors has unanimously determined that the October 1, 2008, unsolicited proposal from Microchip Technology Inc. (NASDAQ: MCHP) and ON Semiconductor Corporation (NASDAQ: ONNN) is inadequate in multiple respects, including value, conditionality and complexity, and is not in the best interests of Atmel's stockholders.