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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?

To: Walter Morton who wrote (6803)	7/27/1999 2:18:00 AM
From: chris431	Respond to of 18366

*** TI to buy Unitrode DALLAS (Reuters) - Computer-chip maker Texas Instruments Inc. said Monday it plans to acquire Unitrode Corp., a major designer and supplier of power management components, in a stock deal valued at about $1.2 billion. Texas Instruments expects to issue about 8.9 million shares in exchange for all outstanding shares of Unitrode, about $38.60 for each share of Unitrode. Unitrode's primary products are power management components in the areas of power supply control, interface and battery management - a technology increasingly critical for portable devices. "All three product families will fully complement TI's existing analog catalog offering with virtually no overlap," Texas Instruments said. Analog chips process information found in the natural world, such as sounds, into digital information. ###