J garcia, good point... here is the exact details for everybody else
on the May 96 announcment..
Digital Research in Electronic Acoustics and Music S.A.
SAN JOSE, Calif., May 8 /PRNewswire/ -- Atmel Corporation(NASDAQ:ATML) announced today that it
purchased Digital Research in Electronic Acoustics and Music S.A. (DREAM), for an undisclosed amount.
DREAM, located in Semur-en-Auxois, near Dijon, France, is a world leader in sound synthesis technology, with
strong footholds in the multimedia, karaoke and musical instrument business.
Christian Deforeit, Chief Executive Officer of DREAM, commented that "this purchase cements the long-standing
product development and production relationship we have had with Atmel ES2. The expertise and experience of
the DREAM staff, together with Atmel's integrated circuit development, production and marketing capabilities,
places us in a strong position to enhance our penetration of our target markets."
"With the addition of this family of digital sound processors," explained George Perlegos, Atmel's President and
Chief Executive Officer, "Atmel will enter the audio marketplace for the booming multimedia industry. The
technology and products owned by DREAM are the highest quality products on the market today." Bernard
Pruniaux, Chief Executive Officer of Atmel ES2, welcomed the purchase as "proof of the fact that the Atmel
investment in Europe is not just for integrated circuit production, but for new product development as well."
Atmel Corporation is a leading manufacturer of a broad range integrated circuits that focus on the
telecommunications, computer, networking, consumer, and automotive markets. With over 3,000 employees
worldwide, Atmel had annual sales in 1995 of over $634 million.
Atmel is headquartered in San Jose, California, and has its principle manufacturing facilities in Colorado Springs,
Colorado and Rousset, France. The Company is constructing an 8-inch 0.35 micron fabrication facility in France,
which will go into production in early 1997.
DREAM, founded by Christian Deforeit, holds a significant number of patents in the sound synthesis field.
DREAM has been a client and partner of Atmel ES2 since the startup of the respective companies. The acquisition
by Atmel will allow DREAM to expand even more rapidly into the multimedia market. In the new organization,
DREAM will be the Atmel Sound Synthesis Product Division.
Atmel product and financial information can be retrieved from its Fax-On Demand service. In North America call
800-29-ATMEL/800-292-8635. International, from a fax phone, call 408-441-0732. You can send your request
via e-mail to literature@atmel.com or visit Atmel's Web site at atmel.com . |
