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Technology Stocks : Spansion Inc.
CY 23.820.0%Apr 16 5:00 PM EST

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To: ELH1006 who wrote (3473)2/27/2008 1:27:15 PM
From: Petz  Read Replies (3) of 4590
 
I am a bit mystified by that press release. Why does Saifun continue to call itself "an intellectual property company," with no mention that it is about to be absorbed by Spansion?

About Saifun Semiconductors Ltd.

Saifun is a provider of intellectual property (IP) solutions for the non-volatile memory (NVM) market. The company’s innovative Saifun NROM® technology allows semiconductor manufacturers to deliver high performance, reliable products at a lower cost per megabit, with greater storage capacity, using a single process for all NVM applications. Saifun licenses its IP to semiconductor manufacturers who use this technology to develop and manufacture a variety of stand-alone and embedded NVM products. These include Flash memory for the telecommunications, consumer electronic, networking and automotive markets. Among the companies currently licensing Saifun NROM technology are Macronix International, NEC Electronics, Semiconductor Manufacturing International Corporation, Sony Corporation, Spansion, and Tower Semiconductor.


PS - Anyone want to buy Spansion for $1.76/.7429 = $2.37?
finance.yahoo.com

Petz
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