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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: Hawaii60 who wrote (12803)	8/6/1999 9:23:00 AM
From: wl9839	Read Replies (2) \| Respond to of 30916

Is this our IDTC?-Sale of Part of Subsidiary Taiwan's VIA Signs Deal To Buy Parts Of IDT Subsidiary DOW JONES NEWSWIRE TAIPEI -- VIA Technologies Inc. (Q.VIA) has signed a letter of agreement with U.S. semiconductor company IDT Corp. (IDTC) to purchase parts of IDT's Centaur design subsidiary, the Taiwanese chipset supplier said Friday. The deal with IDT is expected to be completed within one month. The acquisitions will include intellectual property related to WinChip microprocessor technology and Centaur's x86 microprocessor design team in Texas, according to a press release. VIA and IDT have also concluded a patent cross-license agreement allowing each company to make use of intellectual property covered by the other's patents. VIA's stock closed NT$5.00 (US$1=NT$32.101) higher Friday at NT$145.00 on volume of 5.6 million shares. -By Dermot Doherty;(8862)2502-2557 ddoherty@ap.org