Atmel Completes Sale of Serial Flash Product Families to Adesto Technologies

SAN JOSE, Calif., Oct. 1, 2012 /PRNewswire/ -- Atmel^® Corporation (NASDAQ: ATML), a leader in microcontroller and touch technology solutions, today announced that it has completed the sale of its Serial Flash memory product lines to privately-held, Adesto Technologies Corporation. Terms were not disclosed. The transaction covers the Atmel AT45XXX ("Data Flash") and AT25XXX ("BIOS Flash") product families and employee teams supporting those products. To help ensure a smooth customer transition, Atmel has agreed to provide transition services to Adesto. Atmel has retained its Serial EEPROM, Crypto and Digital Temperature Sensor memory product lines and plans to continue to invest in those businesses.

(Logo: http://photos.prnewswire.com/prnh/20120530/SF15228LOGO)

About Atmel
Atmel Corporation (Nasdaq: ATML) is a worldwide leader in the design and manufacture of microcontrollers, capacitive touch solutions, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel is able to provide the electronics industry with complete system solutions focused on industrial, consumer, communications, computing and automotive markets.

© 2012 Atmel Corporation. All Rights Reserved. Atmel^®, Atmel logo and combinations thereof and others are registered trademarks or trademarks of Atmel Corporation or its subsidiaries. Other terms and product names may be trademarks of others.

Investor Contact:
Peter Schuman, Director of Investor Relations
1-408-437-2026

Press Contact:
Agnes Toan, PR Manager
[email protected]
1-408-487-2963

SOURCE Atmel Corporation

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED