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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: getgo234 who wrote (13669)	7/19/1998 11:15:00 AM
From: SidStock	Respond to of 25814

IBM, STMicroelectronics to exchange, jointly develop IP cores July 13, 1998, Issue: 1016 techweb.com Particularly interesting information on IBM asic as they go after the SoC market and compete directly with LSI. LaRosa said the deal was of strategic importance to IBM and would create the "largest virtual design team and manufacturing engine for system-on-chip in the world." This agreement is currently focused on the disk drive arena, and puts it directly against the Symbios/LSI merger. But it also is expected that the agreement will be extended. STM and IBM announced they would share PowerPC microcontrollers from IBM and specialized DSP and read-write channel cores from STM (formerly SGS-Thomson Microelectronics) for application in hard-disk-drive data storage. The companies will also co-develop additional cores to help them in designing-jointly or independently-chips for that market. Sid