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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: nord who wrote (2189)2/4/1999 7:02:00 AM
From: nord  Read Replies (1) of 4400
 

Analog Devices and Intel to Develop Digital Signal Processing Technology

Business Wire - February 03, 1999 16:32
SANTA CLARA, Calif.--(BUSINESS WIRE)--Feb. 3, 1999--

Intel and ADI Combine Engineering Resources to Develop New DSP Core
Targeted for Embedded Communication and Computing Devices

Intel Corporation and Analog Devices, Inc. today announced a joint
development agreement to design a digital signal processor (DSP) core
architecture.

The companies will develop a fixed-point, low-power DSP core ideal for
processing video, image, voice, and data in emerging embedded
communication and computing devices.

"With the rapid convergence of digital communications and computing,
Intel decided to invest in a dedicated DSP core that complements our
existing embedded solutions," said Ron Smith, corporate vice president
and general manager of Intel's Computing Enhancement Group. "We sought a
collaborator to expedite achieving this goal, and with their expertise
and experience in DSP technology, Analog Devices fits the bill."

"Intel is widely recognized as being the world's leader in
microprocessor technology," said Jerald G. Fishman, president and CEO,
Analog Devices. "We are delighted by this opportunity to collaborate
with them. We believe that combining Intel's experience in attracting
developers with Analog Devices' record of delivering industry-leading
DSP technology will deliver the platform of choice in the DSP market.

"This development will influence the course of embedded computer,
communications and computing devices for the next millennium."

Under terms of the agreement, Intel and Analog Devices will combine
design engineering teams from both companies into a joint design group
located primarily in Austin, Texas. The team will be dedicated to the
design of a DSP core, programmers' tools, and algorithms necessary to
proliferate third-party development and OEM adoption in vertical and
general-purpose markets.

The joint design group will be formed immediately, and the first core
design is expected to be completed in the second half of 2000. The
companies will collaborate on the core design and separately market and
sell products based on the design.

Digital signal processors are microprocessors optimized for
math-intensive, real-time applications. They are used in a vast array of
devices such as medical imaging, modems, industrial controls, pagers,
cellular phones, and audio and video equipment. These applications use
general-purpose chips or customized chips that feature
application-specific software and logic.

About Intel

Intel, the world's largest chip maker, is also a leading manufacturer of
computer, networking and communications products. Additional information
about Intel is available at www.intel.com/pressroom.

About Analog Devices

Analog Devices is a leading supplier of digital signal processing
solutions, including customized, mixed-signal DSPs, general-purpose
DSPs, such as the SHARC(R) family, and embedded DSP solutions. Analog
Devices' DSP technology powers products from more than 10,000 customers
worldwide, and is supported by more than 300 third-party development
tools.

With fiscal 1998 sales of $1.23 billion, Analog Devices (NYSE:ADI) is a
leading manufacturer of precision high-performance integrated circuits
used in analog and digital signal processing applications.

Headquartered in Norwood, Mass., the company employs approximately 7,200
people worldwide and has manufacturing facilities in Massachusetts,
California, North Carolina, Ireland, the Philippines and Taiwan.

Note to Editors: Third party marks and brands are property of their
respective holders. SHARC(R) is a registered trademark of Analog
Devices, Inc.

CONTACT: Intel Corporation
Diana Wilson, 916/356-8064
diana.t.wilson@intel.com
Michael Sullivan, 408/765-1310
michael.sullivan@intel.com
or
Analog Devices Inc.
Dave Jackson, 781/461-3136
Jim Monahan, 781/461-3419
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