Altera Confirms Potential Sale of WaferTech Interest.Business Editors/High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Nov. 7, 2000 Altera Corporation (Nasdaq: ALTR) announced today that it is in discussions with Taiwan Semiconductor Manufacturing Company Ltd. (TSMC TSMC Taiwan Semiconductor Manufacturing Company, Ltd TSMC Taiwan Semiconductor Manufacturing Corporation TSMC Traffic Systems Management Center TSMC Toll Station Management Controller TSMC Transportation Supply Maintenance Command TSMC Technical Services Manager Code ) regarding the ultimate purchase of Altera's ownership in WaferTech, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control by TSMC. Although final agreements have not been reached, Altera views the potential purchase of Altera's interest in WaferTech favorably. It is contemplated that a final agreement will be completed in either the fourth quarter of 2000 or the first quarter of 2001. Financial details on this transaction will not be disclosed until such an agreement is completed. About Altera Altera Corporation, The Programmable Solutions Company(R), was founded in 1983 and is a leading supplier of programmable logic devices (PLD's). Altera's CMOS-based PLD's are user-programmable semiconductor chips that enhance flexibility and reduce time-to-market for companies in the communications, computer peripheral, and industrial markets. By using high performance devices, software development tools, and sophisticated intellectual property cores, system-on-a-programmable-chip (SOPC SOPC System on a Programmable Chip SOPC Special Operations Preparation Course SOPC Second-Order Power Control SOPC Shuttle Operations and Planning Center SOPC 1-Stearoyl-2-Oleoyl-Sn-Glycero-3-Phosphatidylcholine SOPC Shaastra Online Programming Contest ) solutions can be created with embedded processors, memory, and other complex logic together on a single PLD (Programmable Logic Device) Refers to a variety of logic chips that are programmable at the customer's site, the customer being the vendor of the finished chip, not the end user. . Altera common stock is traded on the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol ALTR. More information on Altera is available on the Internet at http://www.altera.com. Altera and The Programmable Solutions Company are trademarks and/or service marks of Altera Corporation in the U.S. and other countries. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion