Firm to Pay Up to $58 million for Atmel's Smart Card Biz
SAN FRANCISCO—Atmel Corp. said Monday (June 28) it has entered into a definitive agreement to sell its Secure Microcontroller Solutions (SMS) business to Inside Contactless SA for up to $58 million after completing consultation with the Works Council at Atmel's SMS facility in Rousset, France. (EE Times)
Atmel (San Jose, Calif.) originally announced an agreement with Inside Contactless (Aix-en-Provence, France) on May 2, subject to consultation with the Works Council.
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