Via completes IDT x86 deal as fresh legal action looms
Chipzilla not a happy gorilla
Posted in Business, 16th September 1999 09:44 GMT
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Chipset, and now x86 company Via has announced a definitive agreement for the purchase of IDT's Centaur business. IDT will get $51 million for its WinChip intellectual property, a statement from Via said. The transaction will be completed by the end of the month, with Via's CEO, Wen-Chi Chen, saying that the deal will give it a full line up of CPUs. That frightens Intel. According to sources close to the company's plans, its legal department is readying another challenge to Via. We will have more information on this when it is received. At the Intel Developer Forum, senior VP Pat Gelsinger said his company was more paranoid about Via than AMD. Further, Via has the clout to market low end CPUs at a point which will make Celerons seem as pricey as emeralds or rubies. ®
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