Group proposed new way to transfer computer data over 30-foot distances

Article Abstract:

A Group of technology companies that include Intel Corp., International Business Machines and Nokia Oy, have proposed a new new technology to transfer computer data over distances of about 30 feet. This new technology, which is code-named Bluetooth, uses portions of the radio spectrum at a frequency of 2.45 gigahertz, is intended to provide faster speeds than other wireless methods; Bluetooth moves traffic at about eight times faster than 56-kilobit computer modems. Those familiar with the technology stated that it will facilitate the exchange of data between hand-held computers or cellular phones and stationary machines.

Comment:

Group of technology cos develops Bluetooth, a wireless technology to transfer computer data over distances of 30 feet

Product development, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Mobile Voice Radio NEC, Transceivers

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Adaptec scuttles plan to purchase chip-making line

Article Abstract:

Adaptec Inc., a leading chip maker, ended its $775 million cash bid to buy Symbios Inc. (Ft. Collins, CO), a 2,400-employee chip manufacturer owned by Hyundai Electronics Co., due to antitrust protests by the FTC. The sale would have increased Adaptec's market share of a variety of chips that are based on small computer system interface (SCSI) technology. The FTC had decided to seek an injunction against the merger on the grounds that it would have caused an unfair concentration in the SCSI market, putting Adaptec rivals such as Mylex Corp. at a severe disadvantage.

Comment:

Symbios, a Hyundai-owned company, ends merger with Adaptec Inc. after FTC antitrust objections, US

Semiconductor and Related Device Manufacturing, South Korea, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Silicon Chips, Adaptec Inc., Hyundai Electronics Industries Company Ltd., Symbios Inc.

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Varian Associates plans to break apart into three separate public companies

Article Abstract:

Varian Associates Inc. said that it was splitting up into three individual public companies. The main lines of the three firms will be health care, precision instruments, and semiconductor-making equipment. The announcement won the approval of analysts who did not believe that Varian fulfilled its conglomerate potential. The CEO of Varian, Tracy O'Rourke, said that the decision to split up would be more beneficial for shareholders.

Comment:

Announces it is splitting up into three individual public companies

Organizational history, Other Electrical Equipment and Component Manufacturing, Electronics, Varian Associates Inc.

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