National Semiconductor To Acquire Cyrix

Image
BSCAL
Last Updated : Jul 30 1997 | 12:00 AM IST

National Semiconductor Corp. said Monday it agreed to buy Cyrix Corp. in a stock deal valued at $550 million, putting National on the map as an Intel Corp. competitor. The move by National is also a big bet by the stodgy semiconductor company on the future of super-cheap personal computers and so-called information appliances. The Santa Clara, Calif.-based National is mostly known for its older, analogue components, and more recently for networking chips. The companies said they plan to develop new computer chip technology aimed at the low-cost personal computer - the sub-$500 market - and the information-appliance markets.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 30 1997 | 12:00 AM IST

Next Story