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LATTICE SEMICONDUCTOR AND QUICKLOGIC TERMINATE ACQUISITION DISCUSSIONS

 HILLSBORO, Ore., Oct. 8 /PRNewswire/ -- Lattice Semiconductor Corp. (NASDAQ: LSCC) announced today that acquisition discussions with QuickLogic Corp. have ended. Lattice had previously announced the signing of a non-binding letter of intent to acquire the field programmable gate array (FPGA) company on Sept. 22, 1993.
 "After further consideration, Lattice and QuickLogic mutually determined that the proposed acquisition was not in the best interests of the two companies," stated Lattice's president and chief executive officer, Cyrus Y. Tsui. "Although we will not be proceeding with the acquisition, we retain our respect and admiration for the technical and other accomplishments of the QuickLogic team."
 Lattice Semiconductor Corp. is based in Hillsboro. The company designs, develops and markets both high and low density, high-speed E2CMOS(R) programmable logic devices (PLDs). PLDs shorten design cycles and reduce development costs by allowing the customer to quickly and efficiently incorporate different logic functions on a single device. Lattice products are sold worldwide through an extensive network of independents?ales representatives and distributors, primarily to OEM customers in the fields of microcomputers, computer peripherals, graphic systems, workstations, telecommunications, military systems and industrial controls. Company headquarters are located at 5510 N.E. Elam Young Parkway; Hillsboro, OR 97124-6421; Telephone, 503-681-0118; Fax, 503-681-3077; Telex, 277338 LSC UR.
 -0- 10/8/93
 /CONTACT: Cyrus Tsui of Lattice Semiconductor, 503-681-0118; or Marge Breya of KVO Public Relations, 503-221-2358, for Lattice Semiconductor/
 (LSCC)


CO: Lattice Semiconductor Corp.; QuickLogic Corp. ST: Oregon IN: CPR SU: TNM

JH -- SE010 -- 0371 10/08/93 18:10 EDT
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Publication:PR Newswire
Date:Oct 8, 1993
Words:252
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