Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 48.80

+5.0%

Feb 2 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Amy J who wrote (103079)	5/1/2000 10:14:00 AM
From: Road Walker	Read Replies (2) of 186894

Monday May 1 9:47 AM ET Intel, Excalibur to Form Interactive Firm SANTA CLARA, Calif. (Reuters) - Computer chip maker Intel Corp. (NasdaqNM:INTC - news) said on Monday it will invest $150 million for a 60 percent stake in a new interactive media services company under development with content management products developer Excalibur Technologies Corp. (NasdaqNM:EXCA - news). Under terms of the deal, Intel said it will contribute its Interactive Media Services unit and take a 49 percent position in the voting stock of the new company, which will offer technologies to enable the production and delivery of content over the Internet. Speak your mind Discuss this story with other people. [Start a Conversation] (Requires Yahoo! Messenger) Excalibur will combine its entire business operations with those of the new company, and Excalibur stockholders will receive 40 percent of the ownership in the new company. Holders of 29 percent of Excalibur's outstanding voting stock have agreed to vote in favor of the transaction. Shares of Excalibur closed Friday at 35 1/2 and shares of Intel closed at 126 13/16.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next