Atmel buys IDT's smart metering business

PARIS – Atmel Corp. said it has completed the acquisition of Integrated Device Technology’s smart metering IC product lines and technologies to expand its smart energy portfolio from the analog front-end to the processor and communications stack. The transaction includes IDT’s metrology analog front end (AFE) and SoC devices for single- and poly-phase energy meter businesses.

Atmel said the acquired metering solutions feature a dynamic range of 5000:1, allowing manufacturers to merge the various types of meters currently available. These devices are compliant with International and Chinese electronic standards. They are programmable and feature an anti-tampering mode for protection against energy meter tampering.

Commenting on the acquisition, Steve Laub, President and CEO of Atmel, said: "By offering a broader, more integrated product portfolio, existing IDT and Atmel customers now have access to a more complete and compelling suite of smart energy solutions that will enable a wider range of applications."

Financial details of the transaction were not disclosed.

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