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BUSINESS
May 1, 1987
David A. Handorf has been named president, CEO and a director of Zymos Corp., Sunnyvale. He replaces the president's office of Haller Moyers, B.J. Chang and Alex Young, who were appointed to serve jointly until their successor was elected. Handorf was previously general manager of memory products and a director of VLSI Technology Inc.
BUSINESS
October 17, 1998 | (P.J. Huffstutter)
Rockwell International Corp. said Bala Iyer will become chief financial officer of its soon-to-spin-off semiconductor unit. Officials have not chosen a new name for the division. Iyer, 42 who joins Rockwell Semiconductor Systems' staff Monday as vice president of finance, is currently CFO of VLSI Technology Inc., a San Jose-based company that makes integrated circuits for consumer electronic products.
BUSINESS
February 22, 1992 | From Times Staff and Wire Reports
Chips That Infringe on TI Patent Are Barred: The International Trade Commission issued an order barring the importation of some computer chips assembled overseas by four U.S. companies because they infringe on a patent held by Texas Instruments. The four companies--LSI Logic, VLSI Technology, Cypress Semiconductor and Integrated Device Technology--say the ruling will have little impact because they have begun using a packaging technique that does not violate the TI patent.
BUSINESS
October 17, 1991 | From Times Staff and Wire Reports
Texas Instruments Wins Patent Round: Dallas-based Texas Instruments Inc. said the U.S. International Trade Commission has made a preliminary finding that five companies are infringing on its "bottom-gating" semiconductor technology. The companies are VLSI Technology Inc., LSI Logic Corp., Integrated Device Technology Inc., Cypress Semiconductor Corp. and Analog Devices Inc.
BUSINESS
March 5, 1999 | Reuters
Philips Electronics of the Netherlands said it would formally launch a $777-million hostile takeover bid for chip maker VLSI Technology Inc. The Philips statement came after San Jose-based VLSI said it needed more time to evaluate the unsolicited $17-a-share offer, disclosed last week. The news sent VLSI's stock up $1 to close at $18.38 on Nasdaq on speculation VLSI may eventually be sold at a price above Philips' bid. The tender offer will expire on April 1, Philips said.
BUSINESS
May 4, 1999 | Bloomberg News
Philips Electronics, Europe's largest semiconductor maker, raised its offer for VLSI Technology Inc. by 24%, winning VLSI management approval for the $1.27-billion purchase. Ending two months of wrangling, Philips agreed to buy all VLSI shares outstanding for $21 each. Philips also will assume about $161 million in debt.
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