Atmel

Adesto Acquires Atmel’s Serial NOR Business

Atmel Sells Serial Flash Business to AdestoIt’s not often that a small private firm acquires a part of a larger public firm, but that’s what happened today with Atmel and Adesto.  Adesto, a manufacturer of alternative memory technology, has purchased Atmel’s serial NOR flash business for an undisclosed sum.

The transaction covers the Atmel “Data Flash” and “BIOS Flash” product families and the employees supporting those products.  Atmel has retained its Serial EEPROM, Crypto and Digital Temperature Sensor memory product lines and plans to continue to invest in those businesses.

This is not a small thing.  Serial NOR now accounts for roughly Continue reading

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