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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Kenya AA who wrote (5483)	12/23/1999 7:27:00 AM
From: Mao II	Read Replies (1) \| Respond to of 12662

K & Thread: News of interest, maybe. M2 biz.yahoo.com Wednesday December 22, 9:33 pm Eastern Time Taiwan VIA silent on S3 reports TAIPEI, Dec 23 (Reuters) - Taiwan chipset company VIA Technologies Inc declined on Thursday to comment on media reports that U.S. firm S3 Inc's graphics chip unit would be its next target in a string of acquisitions. ``No comment,' a VIA spokesman said by telephone. Local newspapers said on Thursday VIA may announce the acquisition later this week. The Commercial Times newspaper speculated that the deal could be worth several billions of Taiwan dollars. In November, VIA president Chen Wen-chi told Reuters that the firm was interested in fresh acquisitions after buying U.S. microprocessor maker Cyrix and U.S. chip design firm IDT in August. Chen declined to identify potential acquisition targets or give a timetable for further mergers during a discussion of VIA's corporate strategy. VIA acquired the Centaur design subsidiary of U.S. firm Integrated Device Technology Inc (NasdaqNM:IDTI - news) for US$36 million in August. Centaur has been engaged in design of PC microchips. The IDT purchase was announced two days after VIA said it agreed to buy, for US$167 million, National Semiconductor's (NYSE:NSM - news) money-losing Cyrix PC processor business -- one of the few firms challenging Intel Corp's (NasdaqNM:INTC - news) Pentium processors. In early November, VIA said it had formed a key strategic alliance to widen its penetration of the specialised PC chip market through establishment a joint venture with S3. The venture aims to bring integrated graphics and core logic chipsets to the volume OEM desktop and notebook PC markets.