Corel is to acquire Micrografx in a stock swap valued at $32 million.
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.
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.
AMD and Fujitsu are negotiating the sale of the Japanese chip maker's Oregon-based Flash memory fab, Japanese paper Nihon Keizai has reported.
Updated with results 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.
Alcatel is slashing ten per cent of its UK workforce - about 300 jobs.
Graphics chip maker 3D Labs has tweaked the driver behind its Wildcat graphics processor to improve performance on AMD Athlon MP-based systems.
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.