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17th July 2001 Archive

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  • Corel buys Micrografx

    War vets move in together

    Corel is to acquire Micrografx in a stock swap valued at $32 million. Best known for its flow charting software Designer - which has been around since Windows 2.x days - Micrografx also offers services and business process consulting. Microsoft acquired rival Visio in September 1999, and has been promoting it heavily as a …

    Software 17 Jul 2001, 08:15

  • Hynix sources confirm DRAM production cuts

    Effect on jobs not yet known

    Memory maker Hynix will start reducing its DRAM output at the end of this month in a desperate bid to curb the crashing price of memory chips. So says DigiTimes, citing "top-level sources". The company has been rumoured to be considering production cuts for some weeks now. At this stage it's not known whether jobs will be …

    Channel 17 Jul 2001, 09:31

  • Chip-making kit spend slumps

    Surprise, surprise

    World+dog is cutting its spending on chip-making equipment. Taiwanese semiconductor companies, for example, will this year spend just over half of what they did in 2000. TSMC has temporarily halted building work on a second 300mm wafer fab, Taiwan's Economic Times reports. UMC has decided not to build a 300mm wafer plant, …

    Business 17 Jul 2001, 10:03

  • AMD to buy Fujitsu Flash plant?

    Companies discuss Oregon facility's future

    AMD and Fujitsu are negotiating the sale of the Japanese chip maker's Oregon-based Flash memory fab, Japanese paper Nihon Keizai has reported. The plant - Fujitsu's only facility outside Japan, according to Reuters - supplies Flash chips to a Fujitsu-AMD joint venture. With the collapse in global Flash demand, the product of …

    Business 17 Jul 2001, 10:20

  • The Tory leadership election on the Net

    Updated with results All happening today

    Today, as you probably know, is the third round of voting for the Conservative Party's leadership election. By roughly 6pm this evening, the choice should be whittled down to just two by MPs and then the Conservative party at large will get to decide who will lead them to failure in the next general election. Update At 5.32pm, …

    Business 17 Jul 2001, 10:44

  • Alcatel slashes 300 UK jobs

    After pink-slipping 2500 in US

    Alcatel is slashing ten per cent of its UK workforce - about 300 jobs. The move is to "address the changing dynamics of the telecommunications market". The company is offering voluntary redundancies, but expects it'll have to can workers who want to stay. Earlier in July Alcatel announced plans to cut 2,500 jobs in the US and …

    Business 17 Jul 2001, 10:45

  • 3D Labs optimises Wildcat code for Athlon MP

    Makes chip more interesting to workstation vendors - ish...

    Graphics chip maker 3D Labs has tweaked the driver behind its Wildcat graphics processor to improve performance on AMD Athlon MP-based systems. 3D Labs' new driver supports all four cards in the Wildcat range. It takes advantage of the Athlon's 3D Now! SSE-compatible instruction set and Smart MP, AMD's multi-processing chip-to- …

    Business 17 Jul 2001, 14:34

  • Oracle aided Marconi collapse

    Reporting software saw nothing coming

    Last week, the once powerful Marconi (formerly GEC) suffered a humiliating share collapse following an unexpected profit warning. The company's operating profit has been jumping each year from 1997 as CEO Lord Simpson turned it from a large lumbering giant into a lean, mean telecoms machine. However, on 5 July - having …

    Business 17 Jul 2001, 14:40