Restoration Hardware Holdings Set to Join the S&P MidCap 400

NEW YORK, April 4, 2016 /PRNewswire/ -- Restoration Hardware Holdings Inc. (NYSE: RH) will replace Atmel Corp. (NASD: ATML) in the S&P MidCap 400 after the close of trading on Wednesday, April 6. S&P 500 constituent Microchip Technology Inc. (NASD: MCHP) is acquiring Atmel in a deal expected to be completed today pending final conditions.

Restoration Hardware Holdings is a home furnishings retailer.  Headquartered in Corte Madera, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Homefurnishing Retail Sub-Industry index.

Following is a summary of the change:

S&P MIDCAP 400 INDEX – April  6, 2016
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Restoration Hardware Holdings	Consumer Discretionary	Homefurnishing Retail
DELETED	Atmel	Information Technology	Semiconductors

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SOURCE S&P Dow Jones Indices

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