Microchip大逆转，成为收购Atmel的头号种子选手

If Microchip and Atmel execute a merger agreement on the terms proposed by Microchip, the transaction is expected to be immediately accretive to Microchip's non-GAAP earnings per share following the closing of such transaction.

J.P. Morgan is acting as Microchip's exclusive financial advisor. Wilson Sonsini Goodrich & Rosati, P.C. is acting as Microchip's legal advisor.

There will be no conference call held in connection with this press release.

Forward Looking Statements

The statements in this release relating to the combined business of Microchip and Atmel creating a microcontroller, analog and IoT powerhouse, that Atmel's portfolio of microcontrollers, wireless, touch, memory and automotive products complements and enhances many of Microchip's solutions in these areas, our belief that combining Atmel's business with Microchip's business will offer our combined customers a broader range of innovative solutions to serve their needs, while creating significant long-term stockholder value, Microchip's vision to be the very best embedded control solutions company ever.

Microchip's strategy to enable the growing market for smart, connected and secure solutions for the automotive, industrial, office automation, consumer and telecom markets, our belief that the combined microcontroller, analog, memory, automotive, security, computing, networking, wireless, touch, timing and technology licensing product lines of Microchip and Atmel will present a powerful portfolio of innovative solutions for these growing markets.

our belief that this acquisition will further enhance our analog and mixed-signal opportunities as we expect to attach these products to an expanded set of microcontroller customer applications, and that the transaction is expected to be immediately accretive to Microchip's non-GAAP earnings per share are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements are subject to a number of business, economic, legal and other risks that are inherently uncertain and difficult to predict, including, but not limited to: whether Microchip and Atmel actually enter into a merger agreement and the definitive terms of such agreement.

the actual timing of the closing of the acquisition if the proposed merger agreement is executed, the satisfaction of the conditions to closing in the proposed merger agreement (including obtaining Atmel stockholder approval and regulatory clearances), any termination of the existing merger agreement between Atmel and Dialog Semiconductor or the proposed merger agreement between Microchip and Atmel, changes in demand or market acceptance of the products of Atmel or Microchip and the products of their respective customers;

competitive developments; the costs and outcome of any current or future litigation involving Microchip, Atmel or the acquisition transaction;

the effect of the acquisition on Microchip's and Atmel's existing relationships with customers and vendors and their operating results and businesses;

the progress and costs of development of Microchip and Atmel products and the timing and market acceptance of those new products;

Microchip's ability to successfully integrate Atmel's operations and employees, retain key employees and otherwise realize the expected synergies and benefits of the transaction;

fluctuations in Microchip's stock price which would impact the number of shares that Microchip issues in the transaction;

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