Atmel Completes Acquisition of Motorola Smart Card Chip Operations; Atmel Smart Card ICs Ltd Open For Business.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--April 27, 1999-- Atmel Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ATML ATML Automatic Test Markup Language ATML Automated Test Markup Language ) has now finalized the acquisition of the Smart Information Transfer (SIT) business of Motorola Inc. and transferred its operations to a new wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Atmel Smart Card ICs Ltd. Some 80 people from the global SIT division, the majority of whom are based in the division's headquarters in East Kilbride, Scotland have moved over to the new company. Commented George Perlegos, Atmel's president and chief executive officer: "The acquisition which complements Atmel's existing smart card expertise establishes us as one of the world's leaders in the smart card IC industry and the only key player within the market to offer both Flash and ROM-based products. SIT's advanced products, like the ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 1443 type B dual interface contactless chips, sit well alongside Atmel's core nonvolatile memory capability, expanding our technology base and providing us with significant market potential for the future." Atmel Smart Card ICs Ltd inherits all SIT's current designs including Motorola's HC05 and M-core micros. The HC05 is currently one of the leading microcontroller cores used in health and banking card applications, while the state-of-the-art M-core is a flexible high-performance smart card IC solution that is suited for consumer applications. Atmel is to continue supporting all existing customers and designs, and looks forward to working with those customers in developing the next-generation smart card ICs. The acquisition elevates Atmel Corporation to the third largest smart card IC provider in the world. SIT's smart card range will complement Atmel's formidable portfolio of Secure Flash-microcontrollers, Secure memory, Secure crypto-controller and RF ID products. In addition, Atmel can offer a broad range of nonvolatile memories like embedded Flash and EEPROM (Electrically Erasable Programmable ROM) A rewritable memory chip that holds its content without power. Although EEPROMs spawned flash memory, EEPROMs are byte addressable at the write level, whereas flash chips must erase a block of bytes before rewriting. , and provide 8 to 32-bit solutions using their advanced range of microcontroller cores that include 8051, AVR (Automatic Voltage Regulation) See voltage regulator. and ARM. The Motorola designs will be transferred to Atmel's own processes over the next few months to be manufactured at the Company's Colorado Springs (USA) and Rousset (France) fabs. While these fabs are getting up to speed Atmel will have access to Motorola's manufacturing capability for a transition period, that is expected to last around 15 months. Besides acquiring SIT's designs, Atmel has also purchased some module assembly equipment that will be moved to Atmel's facility after the transition period. Founded in 1984, Atmel Corporation is headquartered in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. with principal manufacturing facilities in Colorado Springs, Colorado The City of Colorado Springs is the second most populous city (after Denver) in the state of Colorado and the 48th most populous city in the United States.[4] The city is the county seat of El Paso County. , Nantes and Rousset, France and Heilbronn, Germany. Atmel designs, manufactures and markets on a worldwide basis advanced logic, mixed-signal, nonvolatile memory, and RF semiconductors. Atmel is also a leading provider of system level integration semiconductor solutions using advanced CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. , BiCMOS, BiPolar and SiGe process technologies. Atmel product and financial information are available from its Fax-on-Demand service. In North America call 1-800-292-8635 or Internationally, call 1-408-441-0732. Requests may be made via e-mail to literature@atmel.com or by visiting Atmel's website at www.atmel.com. Atmel, the Atmel logo and combinations thereof are trademarks of Atmel Corporation. Additional terms and product names in this document may be trademarks of others. |
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