Atmel to Welcome 2015 with New Connected Applications - Analyst Blog

Leading microcontroller and touch technology solutions provider Atmel Corporation (ATML) recently announced its decision to introduce a number of new solutions powering smart, secure and connected applications for the Internet of Things (IoT) at the International CES 2015. The show will be held in Las Vegas, Nevada from Jan 6–9, 2015.

Atmel has one of the industry's most extensive portfolios of technologies for IoT applications including doorbell with camera, speakers connected through Wi-Fi, motion sensors on the window, smart plug, light bulb and gateway connected via ZigBee technologies and controllable through a smart, mobile device. Atmel's Smart living zone brings more connectivity, security and intelligence to the home. The demand for touch-sensing is also increasing beyond the smartphone and tablet markets. Consequently, Atmel has launched its latest maXTouch technologies for an enhanced user experience.

Atmel is also highlighting its next-generation AvantCar concept demo, a fully functional automotive center console with curved touchscreens showcasing different technological solutions. Atmel's automotive zone enables smart, connected cars with simple-to-use interfaces and its maker zone will highlight IoT inventions. The substantial investments in new products have led to high levels of customer activities and are likely to enhance Atmel's position in the market.

Based in San Jose, CA, Atmel designs, develops, manufactures and sells integrated circuit (IC) products. These products include microcontrollers, advanced logic, mixed-signal, non-volatile memory and radio frequency (RF) components. Atmel produces non-volatile memory that stores information after power is turned off and combines this with microcontrollers, digital signal processors and other logic to meet the needs of its customers.

Atmel currently has a Zacks Rank #4 (Sell). Other stocks that look promising and are worth considering in the industry include Ambarella, Inc. (AMBA), Avago Technologies Limited  (AVGO) and AXT Inc. (AXTI), each carrying a Zacks Rank #1 (Strong Buy).