To: Carnac who wrote (36562 ) 10/8/1998 12:19:00 PM From: DiViT Read Replies (2) | Respond to of 50808
How much is a washed up, chipless multimedia processor company worth???biz.yahoo.com ATI Technologies announcement/merger talk (Full text of press release from Canadian Corporate News) OCTOBER 8, 1998 ATI Technologies Inc. in Talks with Chromatic Research Inc. TORONTO, ONTARIO--ATI Technologies Inc. the world leader in 3D graphics/video acceleration and multimedia solutions today announced that it is in negotiations regarding a possible acquisition of Chromatic Research, Inc. At this time, no agreement has been reached or entered into and there can be no assurance that the transaction will proceed. Further terms will be announced if an agreement is reached. Chromatic is engaged in the development of media processors from its facilities in Sunnyvale, California. This technology would enhance ATI's graphics/multimedia portfolio and augment the Company's position in the sub $500 PC, set-top box and consumer appliance industries. About ATI ATI Technologies Inc., the leading supplier of 3D graphics and multimedia technology in the world, designs, manufactures and markets innovative and award-winning multimedia solutions and graphics components for personal computers. An ISO 9002 company, ATI is one of the world's leading suppliers of video and 2D/3D graphics accelerators to OEM and retail customers. Founded in 1985, ATI employs more than 1,300 people at headquarters in Thornhill, Ontario, and in offices in the United States, Germany, France, the U.K., Ireland, Barbados, Malaysia, Taiwan and Japan. ATI is a public company whose shares trade on the Toronto Stock Exchange. Visit our web site at atitech.com . Copyright (c) ATI Technologies Inc., 1998. All company and/or product names are trademarks and/or registered trademarks of their respective manufacturers. Features, pricing, availability and specifications are subject to change without notice. FOR FURTHER INFORMATION PLEASE CONTACT: ATI Technologies Inc. Jo-Anne Chang Director, Investor Relations (905) 882-2600 Extension 8306