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Dialog Semiconductor plc Neue Straße 95 73230 Kirchheim, Germany http://www.dialog-semiconductor.de
Contact Mr Jose Cano +44 1793 756961
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Dialog Semiconductor plc

Dialog Semiconductor Declines to Revise Bid for Atmel

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Dialog Semiconductor plc ("Dialog") (XETRA: DLG) hereby announces that, today, its board of directors has determined not to revise its proposal to acquire Atmel Corporation ("Atmel") (Nasdaq: ATML). On January 13, 2016, Atmel published that it had determined that the unsolicited acquisition proposal received from Microchip Technology Inc. constitutes a "Company Superior Proposal" and that it intends to terminate its merger agreement with Dialog to accept Microchip’s proposal. Dialog will inform Atmel that it will waive the remainder of the four business day notice period to which Dialog is entitled under its merger agreement with Atmel.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.