Newport Media Acquired By Atmel For $140M
socalTECH
JULY 7, 2014
Lake Forest-based Newport Media , which develops low power Wi-Fi and Bluetooth chipsets, has been acquired by Atmel , in a deal worth $140M in cash. Atmel said that Newport Media had $43 million in annual revenue during 2013. newport media merger acquisition atmel wifi bluetooth semiconductor wireless chipset'
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