CHPS Message Board - Msg: 3328670

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To: Timoteo who wrote (2730)	2/3/1998 10:04:00 AM
From: Moonray	of 2740

Intel completes Chips acquisition Monday February 2, 6:35 pm Eastern Time SANTA CLARA, Calif. Feb 2 (Reuters) - Intel Corp on Monday completed its $420 million acquisition of Chips and Technologies Inc, making Chips and Technologies a wholly owned unit and part of Intel's Graphics Component Division. Intel is the world's largest maker of microchips, and Chips and Technologies is a leading maker of graphics chips for the laptop computer market. Earlier this month, the U.S. Federal Trade Commission cleared the deal, but said it would continue to review the merged companies operations as part of its ongoing review of Intel's business practices. o~~~ O

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