Natsemi, Via ink $167 mill Cyrix deal
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As expected, Natsemi confirmed today it has signed a definitive agreement with Taiwanese chipset company Via to buy its Cyrix x.86 business. The sale is likely to be completed in around a month, said NatSemi, and includes the MII x.86 family and the Mojave and Gobi products up and coming. Via will pay Natsemi $167 million. Natsemi bought Cyrix for well over $550 million. Within that period, there will be frantic moves to shift existing partners from NatSemi to the new Cyrix owner. Decisions on staffing will also be made. NatSemi will hang onto the Media GX technology, which is included in its system on a chip family, the Geode. As reported here last month, NatSemi will also hang onto some of the designers. ®
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