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Technology Stocks : Intel Corporation (INTC)
INTC 48.73+3.0%3:59 PM EST

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To: Dale J. who wrote (42453)12/16/1997 10:58:00 PM
From: Charles Skeen  Read Replies (1) of 186894
 
Re: <<Wasn't the Alpha architecture turned over to Intel . .>>

Digital kept the Alpha design team, turning over the manufacturing and entering into a 10-year cross-licensing agreement. The following is from a Reuter's new report:

"Intel will acquire DEC's semiconductor manufacturing operations in Hudson, Mass., and development plants in Austin, Texas, and Jerusalem.
DEC will keep its Alpha and Alpha-related semiconductor design teams to develop future Alpha products, with Intel serving as a foundry for DEC's Alpha mirco processors, the companies . . . The companies also will enter a 10-year cross-licensing agreement, which includes Intel obtaining the rights to manufacture and sell DEC's non-Alpha semiconductor products."
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