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Technology Stocks : PMC-Sierra (PMCS) -- Ignore unavailable to you. Want to Upgrade?


To: SJS who wrote (3060)1/20/2000 4:36:00 PM
From: Lee  Read Replies (1) | Respond to of 3818
 
SJS,..Re:.More news

Hey you're welcome, here's some more news. <g>

PMC-Sierra, Inc. Announces Acquisition of Toucan Technology

biz.yahoo.com
BURNABY, B.C.--(BUSINESS WIRE)--Jan. 20, 2000-- PMC-Sierra (Nasdaq:PMCS - news) today announced they will acquire Ireland-based Toucan Technology, a privately held Integrated Circuit (IC) design company with 30 employees. PMC-Sierra currently owns seven per cent of the company and will purchase the remainder for approximately 150,000 PMC-Sierra shares. The two companies have signed an agreement subject to completion which will be accounted as a pooling of interests.

Cheers,
Lee