Texas Instruments just "announced":http://www.luminarymicro.com/press/ti_acquires_luminary_micro.html that they acquired Luminary Micro, vendor of the popular ARM Cortex M3-based Stellaris microcontroller series. A step that seems to make sense, since TI had fallen a bit behind in the general purpose, low end ARM controller market.
Good acquisition as time as TI wants to be more present on low end ARM controller market.Some rumours targeted to Atmel as the next TI "victim". We will see
There is no need for a highly structured and financially sound company like TI to acquire a company that has been a financial mess for the last 5 years or more like Atmel. Although the purchase price for Luminary has not been disclosed, it is for sure a small fraction of a potential price for Atmel but has in regards to future ARM business a very significant effect. I doubt that TI want to go strong in 8-bit, that is where Atmel shines. Just my 2 cents, Robert