Jules,
Intel announcement of the creation of a new venture capital investment fund, designed to invest in companies that "design key building blocks for the next generation of Intel microprocessors". With Phoenix's leadership and high R & D investment in designing solutions for Intel's next generation Merced, I believe, PTEC could benefit from this new Fund.
So what happened to Intel in this press release?
Phoenix Brings Industry Leaders Together to Agree on Year 2000 PC Hardware Definition
PC Y2000 Alliance Unveils Specification and Consumer Resource
SAN JOSE, Calif.--(BUSINESS WIRE)--May 10, 1999--Phoenix Technologies Ltd. (Nasdaq:PTEC - news) -- the global leader in system-level software and semiconductor IP cores for computers, system-on-chip, embedded systems, information appliances and other connected information platforms -- today announced its leading role and membership in the PC Y2000 Alliance, an open industry consortium dedicated to providing a consistent year 2000 compliance definition for personal computer hardware.
Initiated and chaired by Phoenix®, the Alliance was jointly created by member companies Acer, American Megatrends, Compaq (NYSE:CPQ - news), Dell (Nasdaq:DELL - news), Gateway (NYSE:GTW - news), HP (NYSE:HWP - news), IBM (NYSE:IBM - news), and Toshiba following the passage of the federal Year 2000 Information and Readiness Disclosure Act.
''The formation of the PC Y2000 Alliance signifies an unprecedented effort among PC companies to work together in the interest of the consumer,'' said John Archer, chair of the PC Y2000 Alliance and director of strategic marketing for Phoenix. ''Our primary goal is to clear up confusion among home and small business PC users showing how hardware compliance is part of full system compliance.''
biz.yahoo.com
Marc |
