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Actel Corp. Added to S&P SmallCap 600 Index.


Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 6, 2000

Standard & Poor's will replace Visio Corp. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:VSIO) in the S&P SmallCap 600 Index with Actel Corp. (NASDAQ:ACTL ACTL American College of Trial Lawyers (Irvine, California)
ACTL Access Carrier Terminal Location
ACTL Activation Library
ACTL Automated Compatibility Test Laboratory
ACTL Association Cultural Turkey-Luxembourg
) after the close of trading on Friday, January 7, 2000. S&P 500 component Microsoft Corp. (NASDAQ:MSFT MSFT Microsoft (stock symbol)
MSFT Movimento Sociale Fiamma Tricolore (Italy)
MSFT Multi-Stage Fitness Test
MSFT Master of Science in Family Therapy
MSFT Macalester Students for Fair Trade
) is acquiring Visio Corp. in a transaction anticipated to close on that date. The transaction is still subject to certain closing conditions.

Actel Corp. designs, develops, and markets field programmable gate arrays (FPGA (Field Programmable Gate Array) A type of gate array that is programmed in the field rather than in a semiconductor fab. Containing up to hundreds of thousands of gates, there are a variety of FPGA architectures on the market. ) and associated development system software and programming hardware. The company, headquartered in Sunnyvale, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760. , will be added to the S&P SmallCap 600 Electronics (Semiconductors) industry group.

Following is a summary of the announced changes:
----------------------------------------------------------------------
                S&P SMALLCAP 600 INDEX--January 7, 2000
----------------------------------------------------------------------
               COMPANY        ECONOMIC SECTOR       INDUSTRY GROUP
--------- ----------------- ------------------- ----------------------
  ADDED       Actel Corp.       Technology            Electronics
                                                    (Semiconductors)
--------- ----------------- ------------------- ----------------------
 DROPPED      Visio Corp.       Technology             Computers
                                                 (Software & Services)
--------- ----------------- ------------------- ----------------------


Standard & Poor's, a division of The McGraw-Hill Companies, Inc., provides financial, economic and investment information and analytical services to the global financial community. S&P calculates and maintains the S&P Global 1200 Index, which includes the S&P Euro and Euro Plus for Continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. , the S&P/TSE 60 for Canada, the S&P 500 for the U.S., the S&P/TOPIX 150 for Japan, the S&P Asia Pacific 100, the Latin America 40 and the United Kingdom 150. S&P also publishes the S&P MidCap 400, S&P SmallCap 600, S&P SuperComposite 1500 and S&P REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
 Composite for the U.S. and the S&P/TSE Canadian MidCap and S&P/TSE Canadian SmallCap Indices. Over $1 trillion is indexed to S&P indices.

Founded in 1888, The McGraw-Hill Companies is a leading information services See Information Systems.  provider meeting worldwide needs in education, business, finance, the professions and government. The corporation employs 16,500 people located in more than 400 offices in 32 countries. Sales in 1998 were $3.7 billion.

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 6, 2000
Words:343
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