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. NMI offers up both 802.11n Wi-Fi and Bluetooth products, which it has been selling into the industrial, home and building automation, and consumer products markets. READ MORE>>.
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