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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.
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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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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
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
November 24, 1990 | From Staff and Wire Reports
Apple Computer Inc. and chip-maker VLSI Technology will hold a joint press conference Tuesday at which they are expected to announce an agreement to work together in developing products that use a computer design philosophy known as reduced instruction set computing (RISC).
BUSINESS
November 22, 1996 | Times Staff and Wire Reports
The Chicago Board Options Exchange is investigating the trading of options on VLSI Technology Inc. stock after the company said it will shut down production at a California plant and fire 300 employees. The number of trades in call options of VLSI stock jumped Thursday before the company's announcement was made, after the close of U.S. trading. Shares rose $4.50 to $25 on Nasdaq. "We will be doing a routine review of the options trading" of VLSI stock, a CBOE spokesman 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.
BUSINESS
October 17, 1997 | Bloomberg News
VLSI Technology Inc. said it agreed to invest $120 million in a $1.2-billion Malaysian semiconductor manufacturing plant, its first investment in a fellow chip maker. As part of the agreement, Wafer Technology (Malaysia) Sendiran Berhad, a government-sponsored group of Malaysian and foreign investors, will buy VLSI's wafer fabrication line at the company's headquarters in San Jose. VLSI will remain owner of the building and property.
BUSINESS
October 17, 1997 | Bloomberg News
VLSI Technology Inc. said it agreed to invest $120 million in a $1.2-billion Malaysian semiconductor manufacturing plant, its first investment in a fellow chip maker. As part of the agreement, Wafer Technology (Malaysia) Sendiran Berhad, a government-sponsored group of Malaysian and foreign investors, will buy VLSI's wafer fabrication line at the company's headquarters in San Jose. VLSI will remain owner of the building and property.
BUSINESS
November 22, 1996 | Times Staff and Wire Reports
The Chicago Board Options Exchange is investigating the trading of options on VLSI Technology Inc. stock after the company said it will shut down production at a California plant and fire 300 employees. The number of trades in call options of VLSI stock jumped Thursday before the company's announcement was made, after the close of U.S. trading. Shares rose $4.50 to $25 on Nasdaq. "We will be doing a routine review of the options trading" of VLSI stock, a CBOE spokesman said.
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
November 24, 1990 | From Staff and Wire Reports
Apple Computer Inc. and chip-maker VLSI Technology will hold a joint press conference Tuesday at which they are expected to announce an agreement to work together in developing products that use a computer design philosophy known as reduced instruction set computing (RISC).
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