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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST

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To: SBHX who wrote (7251)4/10/2000 8:18:00 PM
From: DJBEINO   of 9582
 
Vitesse Semiconductor Corporation Completes Acquisition of Orologic Inc.
CAMARILLO, Calif.--(BUSINESS WIRE)--April 10, 2000--Vitesse Semiconductor Corporation (NASDAQ: VTSS - news; ``Vitesse' or the ``Company') announced today that it completed the acquisition of all of the equity interests of Orologic Inc. (``Orologic') for $450 million in common stock on March 31, 2000.

The transaction will be accounted for as a purchase. Excluding the effects of the acquisition related write-offs and amortization of goodwill and other intangibles, Vitesse expects the acquisition to be slightly dilutive to earnings.

biz.yahoo.com
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20:07 [FJTSY] FUJITSU TO CONSIGN ADVANCED CHIP PRODUCTION TO TAIWAN FIRMS - NIHON KEIZAI
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