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Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?

To: Junkyardawg who wrote (2053)	8/26/2000 1:46:08 PM
From: Mike 2.0	Read Replies (2) \| Respond to of 2882

Dawg, FWIW I'd be interested in getting thoughts from INTC bulls about this. Any thoughts about posting on the INTC board?

To: Junkyardawg who wrote (2053)	8/26/2000 8:00:37 PM
From: Scrapps	Read Replies (1) \| Respond to of 2882

It's been a while since I read this and thought I'd re-post it in regard to your post. I've highlighted a couple parts. ----------------------------------------------------------- ANALOG DEVICES AND INTEL TO DEVELOP DIGITAL SIGNAL PROCESSING TECHNOLOGY -- Intel and ADI combine engineering resources to develop new DSP core targeted for embedded communications and computing devices. SANTA CLARA, Calif. (February 03, 1999) - Intel Corporation and Analog Devices, Inc. announced today that they have signed a joint development agreement to design a Digital Signal Processing (DSP) core architecture, which will result in a fixed-point, low-power DSP core ideal for processing video, image, voice and data in emerging embedded communications and internet appliances. "With the rapid convergence of digital communications and computing, Intel decided to invest in signal processing to include a dedicated DSP core that complements our existing embedded solutions," said Ron Smith, corporate vice president and general manager of Intel's Computing Enhancement Group. "We sought a collaborator to expedite achieving this goal and with their expertise and experience in DSP technology, Analog Devices fits the bill." "Intel is widely recognized as being the world's leader in microprocessor technology," said Jerald G. Fishman, president and CEO, Analog Devices. "We are delighted by this opportunity to collaborate with them. We believe that combining Intel's experience in attracting developers with Analog Devices' record of delivering industry-leading DSP technology will deliver the platform of choice in the DSP market. This development will influence the course for the next millennium's embedded computer, communications and consumer devices." Under terms of the agreement, Intel and Analog Devices will combine design engineering teams from both companies into a joint design group primarily located in Austin, Texas. The team will be dedicated to the design of a DSP core, programmers' tools, and algorithms necessary to proliferate third-party development and OEM adoption in vertical and general-purpose markets. The joint design group is scheduled to be formed immediately, and the first core design is expected to be completed in the second half of 2000. Though the two companies will collaborate on the core design, they will separately market and sell products from the design. Digital signal processors are essentially microprocessors optimized for math-intensive, real-time applications. They are used in a vast array of devices such as medical imaging, modems, industrial controls, pagers, cellular phones, and audio and video equipment. These applications use general-purpose chips or customized chips that feature application-specific software and logic. About Intel Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom. Analog Devices is a leading supplier of digital signal processing solutions, including customized, mixed-signal DSPs, general-purpose DSPs, such as the SHARC® family, and embedded DSP solutions. Analog Devices' DSP technology powers products from more than 10,000 customers worldwide, and is supported by more than 300 third-party development tools. About Analog Devices With sales of $1.23 billion for fiscal 1998, Analog Devices (NYSE: ADI) is a leading manufacturer of precision high-performance integrated circuits used in analog and digital signal processing applications. Headquartered in Norwood, Massachusetts, the company employs approximately 7,100 people worldwide and has manufacturing facilities in Massachusetts, California, North Carolina, Ireland, the Philippines and Taiwan. ------------------------------------------------------- It appears to me this has already been announced, so when you ask "Could this be the big new alliance that ADI is going to announce? " My guess is no...IMO it will be to supply chips to ALA or someone else, but more likely something in the optical area.