Microchip Technology (MCHP) Prelim. Q3 EPS Outpaces Views

Microchip Technology Announces Preliminary Results For Third Quarter Fiscal 2016

CHANDLER, Ariz., Jan. 19, 2016 /PRNewswire/ -- (NASDAQ: MCHP) Microchip Technology Incorporated, a leading provider of microcontroller, mixed signal, analog and Flash-IP solutions, today announced preliminary results for its third quarter of fiscal year 2016, as follows:

Microchip Consolidated Guidance - Non-GAAP

(provided on November 4, 2015)

Non-GAAP

Microchip Technology To Acquire Atmel

CHANDLER, Ariz. and SAN JOSE, Calif., Jan. 19, 2016 /PRNewswire/ -- Microchip Technology Incorporated (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, and Atmel Corporation (NASDAQ: ATML) today announced that Microchip has signed a definitive agreement to acquire Atmel for $8.15 per share in a combination of cash and Microchip common stock.  The acquisition price represents a total equity value of about $3.56 billion, and a total enterprise value of about $3.40 billion, after excluding Atmel's cash and investments net of debt on its balance sheet of approximately... More

Microchip's MOST150 Technology implemented in the new Volvo S90

CHANDLER, Ariz., Jan. 19, 2016 /PRNewswire/ -- Microchip Technology Inc. (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, today announced that MOST150 Technology has been implemented in the new Volvo S90. This is the second Volvo model where its infotainment system includes MOST150 technology. Volvo Cars has been utilizing Microchip's technology for many years and recently began utilizing MOST150, the latest MOST® technology from Microchip. MOST150 is the first standard to provide a proven, automotive-ready physical... More