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Politics : Formerly About Advanced Micro Devices

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To: Petz who wrote (84194)12/27/1999 2:21:00 PM
From: Petz  Read Replies (1) of 1574005
 
From the same site, I missed this on Christmas, but could be significant for AMD --
VIA acquires S3 stake for $146 million
Posted Saturday, December 25, 1999 by oleg

TAIPEI--Taiwan's VIA Technologies said today it has agreed to increase its stake in S3 to 14.9 percent by purchasing 10.8 million shares for $145.8 million, or $13.5 per share.

The investment followed VIA?s October move to buy 1.35 million shares, or 2.5 percent of S3, for $14.0million. "S3 is a key partner to us in pursuing our business objectives,"
hen Wen-Chi, president and chief executive of VIA, said in a statement. "In addition tothe mutual opportunities for the PC market, we see substantial value in S3's communication and financial assets." The transaction is subject to obtaining all required government approvals and to customary closing conditions, it said. S3 is a Santa Clara, Calif. - based developer of graphics accelerator chips; VIA is one of Taiwan's leading chip suppliers.

targetpc.gxnetwork.com look under Dec. 25, 1999

Would it make sense for AMD to license the Athlon or K62+ core to VIA for use in an integrated competitor to the Timna? I believe Intel was wooing S3 also.

Petz
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