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Quantum Effect Devices Inc

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BUSINESS
February 2, 2000 | From Bloomberg News
Sequenom Inc., a San Diego company with no sales whose gene technology is used to treat diseases such as cancer and diabetes, tripled in its first day of trading Tuesday, giving the company a market value of $1.81 billion. Investors also snapped up initial public offerings from Turnstone Systems Inc. and Quantum Effect Devices Inc., sending the California companies' stocks up sharply. Sequenom rocketed $53.25 to close at $79.25 on Nasdaq as 8.2 million shares changed hands. The company sold 5.
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BUSINESS
February 2, 2000 | From Bloomberg News
Sequenom Inc., a San Diego company with no sales whose gene technology is used to treat diseases such as cancer and diabetes, tripled in its first day of trading Tuesday, giving the company a market value of $1.81 billion. Investors also snapped up initial public offerings from Turnstone Systems Inc. and Quantum Effect Devices Inc., sending the California companies' stocks up sharply. Sequenom rocketed $53.25 to close at $79.25 on Nasdaq as 8.2 million shares changed hands. The company sold 5.
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BUSINESS
July 13, 2000 | ILAINA JONAS, REUTERS
Canadian chip maker PMC-Sierra Inc. will buy Quantum Effect Devices Inc., a maker of microprocessors used in consumer electronics, in a stock swap worth $2.44 billion, the companies said Wednesday. The deal will give PMC a strong presence in the design of high-speed networks and add a missing component to its product line: a flexible network microprocessor that can be used in complicated processing of information sent worldwide over networks.
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