CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST! Message Board

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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!

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To: Maurice Winn who wrote (1326)	12/19/1996 8:00:00 PM
From: Munificent Gnome	of 1819

FYI: ROCKWELL TO ACQUIRE PORTION OF CIRRUS LOGIC SUBSIDIARY, PCSI -- Rockwell International said it will lay out $18.1M for the assets of the Wireless Semiconductor Products group of Pacific Communication Sciences, Inc. (PCSI), the San Diego-based subsidiary of Cirrus Logic. The move confirms earlier Wall Street rumblings that cash-rich Rockwell was in acquisition talks with Cirrus (Today's EN, Aug. 16, Aug. 23). The group supplies about half of the four million digital cordless Personal Handyphone System (PHS) handsets into the market, and is making chipsets for the Digital European Cordless Telephone (DECT) market and personal Air Communications Technology (pACT) two-way messaging systems. Rockwell will fold the group into its Semiconductor Systems wireless communications division. Last month, Cirrus sold the Wireless Infrastructure Group of PCSI to ADC Telecom for $23M (EN, Nov. 14). Following the acquisition by Rockwell, PCSI will consist only of the Subscriber Unit Group, which makes PAL (personal access link) phones and the Ubiquity wireless and wireline modems. Rockwell Semiconductor: 714 221-6849.

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