General Instrument Corp.'98 (GIC) Message Board

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Technology Stocks : General Instrument Corp.'98 (GIC)

GIC 30.60

-2.5%

Jan 23 9:30 AM EST

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To: John F. Dowd who wrote (407)	8/24/1998 5:49:00 AM
From: John F. Dowd	Read Replies (1) of 615

To John B. et al: This might be of significance vis-a-vis ATT moves. ATI wins General Instrument chip contract Monday, August 24, 1998 03:46 AM NEW YORK, Aug 24 (Reuters) - ATI Technologies Inc (Tse:ATY) , a graphics and media company, said Monday it was selected by digital cable systems firm General Instrument Corp (Nyse:GIC) to provide graphics chips for General Instrument digital cable set-top boxes. Under the deal, General Instrument will buy Toronto-based ATI's RAGE graphics chips for use in its DCT-5000+ advanced interactive digital set-tops. Financial terms of the deal were not disclosed. The set-top boxes allow users to simultaneously watch TV and surf the Internet or watch TV and talk on the phone. Quote for referenced ticker symbols: GIC, Tse:ATY JFD

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