Active Stocks News Analysis: Check Point Software Technologies Ltd. (NASDAQ:CHKP), Atmel Corporation (NASDAQ:ATML)

Active Stocks

Meanwhile, Check Point Software Technologies Ltd. (NASDAQ:CHKP), finished its last exchange with 2.29% pick up, and shut at $82.36.


Check Point Software Technologies Ltd (Check point) creates, markets and backings a scope of items and administrations for data innovation (IT) security. The items and administrations are sold to undertakings, administration suppliers, little and medium estimated organizations and buyers.

Check Point Software Technologies Ltd. (NASDAQ: CHKP), the overall pioneer in securing the Internet, as of late proclaimed it will discharge its second from last quarter monetary results for the quarter finishing Sept. 30, 2015, on Monday, Oct. 26, 2015, preceding the U.S. budgetary markets open. Organization will have a phone call with the speculation group at 8:30 AM ET/5:30 AM PT on Oct. 26.

Shares of Atmel Corporation (NASDAQ:ATML), declined – 2.03% to $8.21, amid its last exchanging session.

Atmel Corporation is a fashioner, designer and supplier of microcontrollers. The Company works through four portions: Microcontroller, Nonvolatile Memory, Automotive and Multi-Market and Other.

Cypress Semiconductor Corp. on Monday said it was no more inspired by purchasing kindred chip creator Atmel Corp., which has consented to converge with Dialog Semiconductor PLC, as per WSJ.

Cypress affirmed it had made an offer for Atmel, additionally situated in San Jose, Calif., yet said the offer had terminated and it had “pulled back its enthusiasm” in the chip creator.

U.K.- based Dialog Semiconductor made a $4.6 billion money and stock offer prior this month. The arrangement, subject to shareholders’ endorsement, is unsurprising to shut in the first quarter of 2016.

Under the terms of that arrangement, Atmel would need to pay Dialog $137.3 million if, among different reasons, it ends the merger to seek after a higher offer.

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Kristen Rose
University graduate with a bachelor's degree in business administration. Kristen is the Finance Editor, overseeing markets, economics, wealth, fintech, banking, and regulation coverage, based in London. She like to keep things simple, enjoy life, & appreciate everything around me.♡