# Microchip Technology agrees to buy Atmel for $3.56 billion

Microchip Technology signed an agreement to buy Atmel for $8.15 per share in cash and stock, with an equity value of about $3.56 billion, topping a previous offer from Dialog Semiconductor.

- Type: Acquisition
- Announced: 2017-04-08
- Where: United States
- Value: $3.56B
- Status: announced
- Products: semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Microchip Technology](https://endata.com/companies/23471.md) (acquirer)
- [Atmel](https://endata.com/companies/23472.md) (target)

## Sources

- [semiconductordevice.net](https://semiconductordevice.net/SemiconductorTechnology/latest-semiconductor-technology), 2017-04-08: "Microchip Technology has signed an agreement to buy Atmel in the latest billion-dollar deal in the consolidating semiconductor industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.