Actel postpones public offering.SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 29, 1995--Actel 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 :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 ) announced today that it is postponing its proposed public offering due to unfavorable market conditions. The company filed a registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the proposed public offering of 4,700,000 shares of common stock with the Securities and Exchange Commission on Oct. 24. Of the total, Actel would offer 2,068,422 shares and Texas Instruments See TI. (company) Texas Instruments - (TI) A US electronics company. A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq. Inc. (TI) would offer all 2,631,578 shares held by TI. Any offering will be made only by means of a prospectus. Actel designs, develops, and markets field programmable gate arrays (FPGAs) and associated software development systems and programming hardware. Actel is the leading supplier of FPGAs based on antifuse switching elements. CONTACT: Actel Corp., Sunnyvale David M. Sugishita, 408/522-4393 |
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