Lorenzo Cassulo is an Italian entrepreneur who works with Semantic Web, Social Media and Mobile platform. He founded "15multimedia", an Italian company focused on new media and...
Atmel Corp (ATML) to Acquire Newport Media in $170M Deal
Source: „Atmel Corp (NASDAQ: ATML) announced that it has signed a definitive agreement to acquire Newport Media, Inc. ("NMI"), a leading provider of high performance low power Wi-Fi and Bluetooth solutions, that will enable Atmel to offer the industry's most complete wireless portfolio of smart connected devices for the "Internet of Things."
Adding to Atmel's already broad SmartConnect™ wireless portfolio, NMI's 802.11n Wi-Fi and Bluetooth certified products offer innovative, highly integrated solutions that will accelerate seamless communication and connectivity for the Internet of Things. NMI's products combined with Atmel's ultra-low power microcontrollers are designed for a broad spectrum of applications including industrial, home and building automation, and consumer products requiring smaller form factors and longer battery life.”