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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: nord who wrote (2261)2/28/1999 6:30:00 PM
From: nord  Read Replies (2) of 4400
 
A service of Semiconductor Business News, CMP Media Inc.
Story posted 1:45 p.m. EST/10:45 a.m., PST, 2/23/99

Acquisitions, new market segments
will fuel TI's DSP growth, exec says

By Jennifer L. Baljko
Electronic Buyers' News
SAN FRANCISCO -- With competition heating up in the analog and digital
signal processor (DSP) business, Texas Instruments Inc. plans to
maintain its aggressive acquisition run and new product introduction
rate to better carve its niche in the sector, a company executive said
Monday.

Having pared down its product portfolio and divested its memory chip
business last year, TI has focused it chip development around DSP- and
analog-centric applications. It has built up this opportunity as a
result of recent acquisitions and by putting DSP chips in new market
segments, said senior vice president John Scarisbrick at the BancBoston Robertson Stephens technology conference here.

While the company has already added a number of development and software tools through acquisitions of companies such as Go DSP, Spectron and Tartan Labs, the search to further enhance its offerings will continue, he said.

"Wherever we can accelerate the DSP technology is where we will look,"
Scarisbrick said. "That could include acquisitions in software
development tools or new end-equipment markets. The markets we will
target with acquisitions are the ones that will be the highest-growth
DSP markets."

Part of that strategy includes introducing products in non-traditional
DSP sectors, such as printers (see Feb. 22 story).
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