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Atmel corp sells network storage unit to MoSys


Dumping its staff onto MoSys as well
Atmel Corporation announced has it has sold its network storage operations, transferred its operations and its intellectual property rights to MoSys Inc.

Atmel is a producer of systems-on-chip for network storage devices and HD DVD applications.

The terms of the sale were not disclosed, but Atmel did issue a statement that its employees would become MoSys employees
Last modified on 12 July 2007
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